Indictment derails vote on Miami Marine Stadium deal
Plans to redevelop Miami Marine Stadium were derailed by an indictment brought against the former CEO of the company tapped to oversee the restoration. The City of Miami was set to vote Friday, Sept. 5 to send a referendum on the proposal to the November election, the Miami Herald reported. The city had chosen the firm Global Spectrum, doing business as Oak View Group (OVG) to take the reins as the operator of the historic venue. In July, the Department of Justice indicted OVG’s co-founder and CEO Timothy Leiweke, alleging he had conspired to rig the bidding process for “the […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
The Weekly Dirt: What you need to know about South Florida real estate right now
Palm Beach approves OKO, Cain’s condo project after months of back-and-forth
Outpost expands into Miami-Dade with $52M industrial buy
Steve Ross proposes $290M West Palm convention center hotel, his second in the city
Vlad Doronin’s OKO, Blavatnik’s Access seek approval to tweak Aman Miami Beach
Keystone scores $62M loan for office-to-resi conversion project near Dadeland Mall
“Don’t kill the market”: Developers keep building apartments in South Florida, despite supply overhang
Florida Auto Rates Dip Amid Market Stability
RE Q&A: Can I Sue Over Sprinkler Damage?
Simple Google Fixes That Can Boost Leads
