David Martin hits another hurdle in Miami Seaquarium redevelopment as court-ordered deadline looms

by TRD Staff

David Martin’s Terra hit a roadblock this week in its plans to redevelop the Miami Seaquarium, as the county deferred approval of its lease to a future date.  The county’s Recreation, Tourism and Resiliency Committee voted Tuesday to push the vote on the lease to another meeting, a move that supporters say strains Terra’s court-ordered end-of-year deadline and jeopardizes the entire redevelopment, the Miami Herald reported. Time is of the essence for Martin, who was required by federal bankruptcy court to secure a 99-year lease with the county by Dec. 30 in order to redevelop the former Virginia Key theme […]

This article originally appeared on The Real Deal. Click here to read the full story.

Eric Reikenis
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