Tuesday, July 17, 2018 / by Leon Zhivelev
David Beckham is bringing MLS back to Miami. It seems like the search for a site that will host Miami's team has been going on for almost half a decade, and that's only if the city gets any team at all due to issues securing a location.
Jorge Mas, one of the main investors in the project, has pressured the city to move swiftly, stating the MLS would not consider bestowing Miami with an MLS franchise if construction on a stadium didn’t begin by October 2019.
The most recent proposal from the investors for a location would be built on
The proposal has been in flux recently, as the City of Miami and Beckham, along with his Investors, determine what is a fair price to pay to the city for the use of the land.
The project will offer the following:
- Total Cost $1 billion
- $20m donation to the city to build remaining acreage into a park
- 400,000 square feet of leasable office space could be built (one of the largest office complexes inside the US)
- 600,000 square feet of restaurant, entertainment space
- 750 hotel rooms
- 25,000 seat stadium
- 3,750 parking spaces
- Will become “tech hub,” which will generate around 11,000 jobs in only three years and $40m in tax revenue.
- A golf entertainment facility
The proposal has been met with opposition, as many feel Beckham and the Investment group are not putting up enough money towards the stadium and to
Scheduled for a vote on , the commission meeting for the $1Billion Dollar project may have Miami's future MLS Franchise hanging in the balance.