MDM Group plans a $750M hotel & convention center on the former Miami Arena site – designed by architects NBWW (Nichols Brosch Wurst Wolfe & Associates)
By Francisco Alvarado
In seeking a tax rebate deal worth $100 million, the developer of the 1,800-room Marriott Marquis Miami Worldcenter Hotel & Expo is being asked by Miami’s Southeast Overtown/Park West Community Redevelopment Agency for a 5 percent equity stake in the project.
At a town hall meeting Wednesday night, Miami City Commissioner Keon Hardemon presented his proposal to a packed audience inside Trinity CME Church. “I am talking about ownership,” Hardemon said. “I am talking about the ability for us to have a stake in the project.”
Read the Full Story HERE >>>> Source: The Real Deal Overtown/Park West CRA | Marriott Marquis Miami Worldcenter