tldrdailynews.com logo

Miami-Dade mayor blocks $400M PortMiami fuel-yard deal

1 min read
Source: Miami Herald
Miami-Dade mayor blocks $400M PortMiami fuel-yard deal
Photo: Miami Herald
TL;DR

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.

Topics:nationlocal-politics#eminent-domain#fisher-island#fuel-yard#levine-cava#local-politics#portmiami
Share this article
  1. Miami-Dade mayor rejects $400M port deal negotiated by her administration  Miami Herald
  2. Miami-Dade enacts eminent domain on PortMiami fuel tank property on Fisher Island  NBC 6 South Florida
  3. Miami’s Wealthiest ZIP Code Is Fighting to Evict Its Least Glamorous Neighbor  WSJ
  4. Miami Mayor Moves to Seize Part of Posh Island After Fuel Fight  Bloomberg.com
  5. Miami-Dade mayor announces leadership shakeup amid Fisher Island fuel depot dispute  WPLG Local 10

Want the full story? Read the original reporting

Read on Miami Herald