A Chicago-based developer has reached an agreement in principle to sell a Fisher Island property to Miami-Dade county for approximately $40
Miami-Dade taxpayers may foot $400M bill for Fisher Island fuel depot
- HRP Group has agreed in principle to sell a Fisher Island property to Miami-Dade county for approximately $400 million, more than double the $180 million the Chicago-based developer paid for the land less than a year ago.
- The property hosts a Depression-era fuel depot that services Miami’s cruise port — the busiest in the world — with cruise lines including Royal Caribbean and Carnival depending on the facility.
- Former congressman Joe Garcia said taxpayers are being “screwed” and that “there are only three explanations for this. Massive incompetence, criminal negligence or corruption.”
- The Fisher Island Community Association filed a lawsuit Thursday seeking to block the county’s agreement with HRP Group.
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Article metadata
- Published
- Topic tags
- construction and property, government
- Primary entities
- HRP Group, Miami-Dade county, Fisher Island Community Association, Joe Garcia, James L. Ferraro, Daniella Levine Cava
- Themes
- taxpayer cost, public infrastructure vs private profit, cruise industry, eminent domain
- Framework version
- 1.3.0
- Generated
- Consensus floor
- v0.3.0
- Mindspec
- v0.3.0