Miami-Dade commissioners voted yesterday to approve a deal that will see another Royal Caribbean Cruise Terminal built at PortMiami.
Royal Caribbean’s headquarters complex at PortMiami will also resume construction as part of the deal.
Construction of the HQ complex stopped during the pandemic. Around 4,000 employees were expected to be working from the new offices.
Instead of the HQ complex being financed by RCL, the county will now finance construction.
The county will also finance construction of the new terminal, which will be known as Cruise Terminal G.
RCL is promising to pay increased rent for the office complex, pay back part of construction, and add additional employees. They will also guarantee a minimum number of passengers, among other guarantees.
Cruise Terminal G will be capable of handling RCL’s new Icon class vessels capable accommodating up to 7,000 cruise passengers.
It will also be built with shore power.
Completion of the new terminal is expected in 2027.
The county is agreeing to finance up to $325 million for the new cruise terminal, plus up to another $450 million for the office complex.
Royal Caribbean’s Crown of Miami terminal under construction in 2018:
The HQ office complex, where construction has been paused since the pandemic: