Miami officials approved a subsidy plan to help fund a $750 million convention center project expected to bring hundreds of jobs to the depressed Overtown neighborhood.

After 20 months of negotiations nearly halted MDM Development Group’s hotel and exposition center, the Miami group secured an economic package that could amount to $115 million in concessions over the next 26 years.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]