These huge developments strengthen the local commerce in south Florida and help enhance the travel industry.
The Miami Beach Convention Center Hotel will be an incredible sight and bring growth to the community.
Here is South Florida we all know and love our Miami Beach Convention Center, bringing tons of industries to our side of the country. Holding many events such as, Art Basel, Maison & Objet, Home Design and Remodeling Showsand many more.
This new hotel will send a new wave of industries to Miami. This 300-foot tall, 800-room convention center hotel is set to be complete by November 2018.
In exchange for a 99-year lease, the developers promise to pay the city 4 percent of its gross revenues. So not only will it attract more tourism, it will give back an estimated amount of $2.5 billion to the city in the course of the 99-year lease.
The Miami Beach dwellers must vote and this will take place May 20th. If you live in Miami I would recommend following up!
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