Steve Ross, Jeffrey Soffer’s Miami airport hotel project grounded by FAA

by Francisco Alvarado

Steve Ross and Jeffrey Soffer’s plans for a Westin hotel at Miami International Airport are no longer cleared for takeoff. The billionaire developers are backing out of the 451-room project after the Federal Aviation Administration rejected their plan for a 150-foot building over concerns that it would create a radar blind spot, Miami-Dade Aviation Director Ralph Cutie told county commissioners this week. An effort to redesign the hotel failed to produce a project the developers considered economically viable, Cutie said. Miami-Dade staff is preparing to terminate the developers’ 50-year lease and solicit new proposals. County commissioners approved the deal with […]

This article originally appeared on The Real Deal. Click here to read the full story.

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Stevan Stanisic

Stevan Stanisic

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Real Estate Advisor License ID: SL3518131

Real Estate Advisor License ID: SL3518131

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