Miami commissioners could give their final approval tomorrow for the Riverside Wharf project.
If built, the project will include four new restaurants on the Miami River, including a Garcia’s Fish Market.
A total of 59,000 square feet of land would be used, some owned by taxpayers and some owned by the developer.
Although the city manager has opposed the plan to lease the land, commissioners voted to approve the deal in a first reading last month. City officials aren’t sure if they are getting fair value for the land, or who even owns it (the lease is for just $195,000 per year with CPI adjustments, plus 15% of gross rent.)
City voters must also approve the plan in March.
