An early look at the property taxes the Miami Worldcenter project would pay suggests the sprawling mixed-use development could contribute $22.4 million as early as 2019. But the developer wants public officials to initially give two-thirds of the money to the neighborhood redevelopment agency and the developer.
Those numbers come from a spreadsheet created by Worldcenter lobbyist Javier Fernandez, chief of staff under former Miami Mayor Manny Diaz and now a land use attorney with Stearns Weaver Miller Weissler Alhadeff & Sitterson. The preliminary spreadsheet obtained by the Daily Business Review is subject to review, and Worldcenter has hired economic consultants to do more in-depth calculations.
