Here’s what’s next for the 38-acre Miami Seaquarium site
Developer David Martin has set his sights on his next challenge, a redevelopment of the Miami Seaquarium property in Key Biscayne. An affiliate of his Coconut Grove-based firm, Terra, has a $22.5 million deal in place to take over the lease for the 38-property at 4400 Rickenbacker Causeway, which is owned by Miami-Dade County. Resilient Aquarium LLC, the Terra entity, plans to renovate and modernize the Seaquarium. The marine mammals will be relocated under the proposal, according to a filing in Delaware’s bankruptcy court. The current operator, MS Leisure Company, filed for Chapter 11 bankruptcy in April. Integra Investments was […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Loan officers are going to Washington
When standard DSCR falls short: What real estate investors should know about no-ratio financing
The Ground Lease Dilemma—Affordability Engine or Ticking Time Bomb?
She Taught Private Swim Lessons at Home for 7 Years. Then the City Shut Her Down After a Neighbor’s Complaint.
Naples Comprehensive Health Enhances Storm Preparedness
Here’s Where It Takes the Longest To Save for a Down Payment—and Where It’s Quickest
FOSTERING SUCCESS ANNOUNCES 2026 SCHOLARSHIP RECIPIENTS
‘Grey’s Anatomy’ Star Patrick Dempsey Lifts the Lid on His Childhood in Tiny Maine Town—and His Job at Local Recycling Center
Maria Shriver Reveals How Childhood Lessons From Her Late Father Help Her Navigate Tricky Relationship With RFK Jr.
Southwest Airlines forecasts quarterly earnings below estimates on higher fuel
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131