Miami commission approves controversial $29M Watson Island land sale

The Miami City Commission approved a Watson Island land sale that will allow the Motwani family’s Merrimac Ventures and BH3 to develop a plot on the southwest side of the island into a mixed-use project with a condo component.  The proposal drew criticism from residents, who called it a “bad deal” and urged commissioners not to rush the vote.  “Residents have sued the city because of the issue with Watson Island before, and have taken a vote to ensure the sale of Watson Island is of fair market value,” Miami resident Gilbert Palacios said. “We can use responsible and good […]This article originally appeared on The Real Deal. Click here to read the full story.