4
| Columns |

Miami-Dade Officials To Unveil Airport City Plans Today

^
Keep New Times Free
I Support
  • Local
  • Community
  • Journalism
  • logo

Support the independent voice of Miami and help keep the future of New Times free.

If you thought Miami-Dade County had nothing left to build at Miami International Airport, think again. Today, Aviation Department Director Jose Abreu will unveil the county's ambitious plan to convert the main terminal into a futuristic hotel and mall that will cost a little more than half-a-billion dollars.


The estimated $512 million project is being developed and financed by Odebrecht USA, a Brazilian company with a long history of building at MIA, including some of the airport's more controversial construction like the North Terminal, which also began as a half-a-billion job that ended up costing Miami-Dade $3 billion. 

Under a deal with the aviation department, Odebrecht will run Airport City for half a century, paying rent and sharing a percentage of its retail revenue with the county. The plan has been in the works for almost five years. Abreu will announce today at the annual state of the ports address that the plan will go before county commissioners for approval next month, according to the Miami Herald

As Miami-Dade's primary economic driver, MIA has one of the highest landing fees in the country, making it less attractive for budget airlines. Abreu told the Miami Herald that finding other revenue streams will help the aviation department lower landing fees. Under the deal, Abreu is boasting the airport could receive as much as $580 million in revenues. 

Here are the project's highlights:

• A $359 million business center, with corporate offices, meeting space, a hotel and a new station for the MIA Mover train;

• A $141 million hospitality center, featuring a four-star hotel and dining and meeting space, and;

• A $12 million convenience center, providing space for services such as a dry cleaner, convenience store, gas station and pet hotel/spa.

Follow Francisco Alvarado on Twitter: @thefrankness

Keep Miami New Times Free... Since we started Miami New Times, it has been defined as the free, independent voice of Miami, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Miami with no paywalls.

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.

 

Join the New Times community and help support independent local journalism in Miami.

 

Join the New Times community and help support independent local journalism in Miami.