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Virgin Continues Push Into South Florida, Reveals New PortMiami Terminal For Virgin Voyages

Virgin Continues Push Into South Florida, Reveals New PortMiami Terminal For Virgin Voyages

November 29, 2018

Just days after Virgin Trains USA announced it had taken a minority stake in Brightline and presented plans to the Securities and Exchange Commission for permission to conduct an initial public offering of stock, Richard Branson has continued his push into South Florida as Virgin Voyages prepares to launch.

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In Commercial, New Construction, News, PortMiami, Transportation, Travel Tags Virgin, PortMiami, News, Virgin Trains USA, Virgin Voyages, Richard Branson, New Construction, Transportation, Travel, Arquitectonica, Scarlet Lady, Commercial, Featured
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Renderings of the Miami Beach Convention Center Hotel via: Miami Beach Connect.

Renderings of the Miami Beach Convention Center Hotel via: Miami Beach Connect.

Voters Approve Privately Funded Miami Beach Convention Center Hotel

November 9, 2018

In the highly anticipated election on Tuesday night, Miami Beach residents approved the construction of an 800-room convention center hotel. The referendum needed a 60 percent vote in order to lease public land from the city and passed at 64 percent in its third attempt to bring a headquarter hotel to Miami. The hotel will be built on a city-owned parking lot adjacent to the newly renovated convention center.

The previous attempt in 2016 failed due to concerns over the size, originally twice as large as the current proposal, and traffic congestion. The tourism bureau estimates Miami Beach lost at least $250 million in economic revenue over the last several years because it was unable to accommodate larger scale conventions.

South Beach resident Andres Montejo, 43, said that the convention center hotel was one of the issues that drove him to the polls. Montejo, a businessman who travels frequently for work, said that the other cities he visits already have hotels connected to their convention centers.

“A convention center is great, but without a hotel it’s just another convention center,” he said after casting his ballot at Miami Beach Senior High School. “Anybody that travels ... you know that’s how the game works. It’s like that all over the world.”

Other residents, annoyed with the constant flow of construction and resulting noise and traffic in the area, decided to vote against the hotel.

The hotel will connect to the convention center via a pedestrian bridge and include a 53-foot podium containing parking, meeting spaces and ballrooms as well as two 185-foot-tall wings of hotel rooms. Voters authorized the lease and the construction of an 800-room hotel with a maximum height of 185 feet, but specifics of the hotel design will be evaluated by the city’s Design Review Board at a later date.

The group behind the proposal — Turnberry’s Jackie Soffer, Terra Group’s David Martin, Miami Design District developer Craig Robins and architecture firm Arquitectonica — emphasized that the hotel would be roughly 100 feet shorter than the previous proposal and include six times more space for cars to queue on the property so that they don’t spill onto the street.

“This is the right project for our city at the right time, and Jackie, Craig and I look forward to working with the community to deliver a hotel that will make Miami Beach proud,” said developer David Martin.

On a related ballot item, residents voted to earmark the guaranteed hotel rent payments for traffic reduction measures, stormwater projects and education initiatives, rather than sending the money to the city’s general fund where it could be used for a broader range of expenses.

According to the terms of the lease agreement, the hotel will have to pay Miami Beach either fixed rent totaling $16.6 million over the first 10 years or a percentage of hotel revenue, whichever is greater. Miami Beach estimates that the city will also collect $96 million in taxes from the hotel over the next 30 years.

Article by: Katya Demina

In City Owned Land, Commercial, Community, Government Contracts, Hotels, Industrial, Legal, Miami Beach, News, South Beach, Travel Tags David Martin, Miami Beach Convention Center, Convention Center Hotel, Jackie Soffer, Craig Robins, Turnberry, Terra Group, Terra, Arquitectonica, Featured, Katya Demina
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Brightline to Kick Off Service To Miami Via MiamiCentral Station May 19

Brightline to Kick Off Service To Miami Via MiamiCentral Station May 19

May 12, 2018

Brightline will officially begin passenger service from Fort Lauderdale to Miami on May 19. Tickets are now on sale for the rail service connecting West Palm Beach to Downtown Miami, priced from $10 for Smart Service which offers 19' seats; and $15 for select service, which features 21' seats, more leg room, complimentary snacks and beverages as well as access to premium select lounge.

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In Downtown, Construction News, Construction Update, News, Transportation, Travel, New Construction, Commercial Tags Brightline, Public Transportation, Transportation, MiamiCentral Station, MiamiCentral, Brightline MiamiCentral Station, All Aboard Florida, News, Construction News, Construction Update, Downtown, Commercial, Featured
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Soffers Aim To Expand Fontainbleau Aviation & Turnberrry Airport Holdings at Opa-Locka Executive Airport

Soffers Aim To Expand Fontainbleau Aviation & Turnberrry Airport Holdings at Opa-Locka Executive Airport

March 18, 2018

The Soffer family is seeking a $5 million bond from Miami-Dade County’s Economic Development and Tourism Committee for expansion of Turnberry Airport Holdings at Opa-Locka Executive Airport. 

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In Finance & Banking, News, Travel, Transportation, Opa-Locka Tags Fontainbleau Aviation, Jeff Soffer, Jeffrey Soffer, Jackie Soffer, Turnberry Airport Holdings, Turnberry Associates, Financing, Finance, Travel, Airports, Transportation, Opa-Locka, Opa-Locka Executive Airport, Featured
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Norwegian Cruise Line Announces Pearl, The Futuristic LEED-Silver Certified Terminal Coming To PortMiami

Norwegian Cruise Line Announces Pearl, The Futuristic LEED-Silver Certified Terminal Coming To PortMiami

March 11, 2018

Not long after Royal Caribbean's Broadway Malyan-designed Terminal A for Symphony of the Seas topped out in PortMiami, Norwegian Cruise Line has announced Pearl, their futuristic new terminal coming to PortMiami. The LEED-Silver Certified terminal is being designed by Miami-based firm Bermello Ajamil & Partners, Inc., inspired by a nautilus' spiral design.

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In Commercial, Transportation, Travel, PortMiami Tags News, Norwegian Cruise Line, PortMiami, Bermello Ajamil & Partners, LEED, LEED Silver, LEED Certified, Frank Del Rio, Norwegian Cruise Holdings LTD, Commercial, Travel, Transportation
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