Is the Megaplan dying? Port of Miami tunnel plan squashed

You may have heard of the Global Agreement- the ominously titled, outrageously ambitious $3 billion project that will basically solve all of Downtown Miami's debt problems, put a new Marlins stadium in Little Havana, build of Port of Miami tunnel, and cure genital warts.  Okay, we threw that last one in a bit unrealistically, but hey, can't we act like a politician every once in a while?

The wheels may be falling off this crazy bus as it hurtles through a getting-scarier-by-the-moment Recession. This morning, a major financial partner with Miami in building the tunnel, Babcock & Brown, bit the dust.  Naturally, a few hours later, so did the tunnel plan itself. The state killed it for lack of funds. "We just a broke motherfucker," the State told reporters before asking for a cigarette.

Over/under on months until the Little Havana stadium goes Hoffa as well is at six, and we're taking the under.

-Gus Garcia-Roberts

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.

Newsletters

All-access pass to the top stories, events and offers around town.

  • Top Stories
    Send: