Miami-Dade mayor blocks $400M PortMiami fuel-yard deal
TL;DR Summary
Miami-Dade Mayor Daniella Levine Cava rejected a $400 million plan to buy the privately owned fuel yard that serves PortMiami, saying the price was too high even though the deal could pay for itself over 20 years from fuel sales and port fees. The Fisher Island land is slated for luxury condos by Related Group and Russell Galbut, prompting the county to pursue eminent domain or a nearby replacement site to safeguard port operations amid criticism and the firing of two deputies who negotiated the deal.
- Miami-Dade mayor rejects $400M port deal negotiated by her administration Miami Herald
- Miami-Dade enacts eminent domain on PortMiami fuel tank property on Fisher Island NBC 6 South Florida
- Miami’s Wealthiest ZIP Code Is Fighting to Evict Its Least Glamorous Neighbor WSJ
- Miami Mayor Moves to Seize Part of Posh Island After Fuel Fight Bloomberg.com
- Miami-Dade mayor announces leadership shakeup amid Fisher Island fuel depot dispute WPLG Local 10
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