In a blockbuster decision, the Miami City Commission wants to kill the deal with Flagstone Property Group to build a $1 billion mixed-use project on Watson Island. During a special meeting on Tuesday, commissioners voted 5-0 to declare the developer in default of a ground lease allowing Flagstone to build two hotels and a luxury mall with roughly 221,000-square-foot retail and restaurant space that would complement a megayacht marina completed in 2015.
The long-delayed waterfront development known as Island Gardens was initially approved by Miami voters in 2001 and the lease was finalized by the city commission a year later. Flagstone
Latest from Admin TOA
- Turkish Scientist Ali Erdemir Is Elected A Member of The National Academy of Engineering
- Mayor de Blasio, Commissioner O'Neal Hold a Press Conference on Crime Statistics
- Turkey’s Yildirim Sets Financing in Bid for Long Beach Shipping Terminal
- Turkish Tech Entrepreneur Makes '30 under 30' list
- Mayor Bill de Blasio and NYPD Chief Harrison Visited Muslim Community after the Terror Attack in New Zealand