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Jorge Perez: Beckham's 'Ridiculous' Stadium Proposal Is Even Worse Than The Marlins Deal

Jorge Perez: Beckham’s ‘Ridiculous’ Stadium Proposal Is Even Worse Than The Marlins Deal

Related Group founder Jorge Perez is not a fan of a proposal by David Beckham and Jorge Mas to develop Melreese Park

Writing from the “Mountains of Italy,” Perez sent a strongly worded email to Miami commissioners over the weekend, in which he criticized the deal. The email was obtained by Glenna Milberg.

The “Melreese Giveway” is so bad that it would make the Marlins Stadium deal look good for the city and county, he wrote.

Perez called the financial terms “ridiculous,” and asked why it was being rushed through without a proper appraisal and community input. Beckham’s lobbyists are pushing commissioners to approve a referendum calling for a minimum of just $3.5 million in rent.

Team owners and developers would profit handsomely, he warned, while the stadium would end up being built at the public’s expense.

Perez said that only the stadium should be built if anything, with the remainder of the park kept as open space.

The email in full:

Mr commissioner, I am in Italy but I sent you an email that I think did not go through. It was just to express my dismay at “the Melreese giveaway”. I am pro soccer and like the Mas family very much. But, as Jorge himself states, this is a billion dollar deal: and City gets $3.5MM in rent??? This will Make Marlin Stadium like a good deal for the City/County. Why does the City not take its time and hire a professional appraiser to determine value. If I was developing a billion dollar deal, the land portion would be approximately 20% or $200,000,000. At a 6% return, rent would be $12,000,000. While I am oppose to giving public land away for private, for profit purposes without any social benefit,if AFTER COMMUNITY INPUT, the City desired to sell or lease public open space to private individuals, they should conduct an appraisal and determine what is fair market value. It is bad enough turning the Little open space we have left for the gain of a few wealthy individuals, but to give it away for a ridiculous sum is unconscionable. Remember, if this goes through? The end result is not only that the stadium will be built for free at the expense of our citizens but that, in addition, the team owners/developed will profit handsomely. Is there a reason why, before going to a referendum, the City does not take the required time to solicit both professional(value and planning)and community input??? Let’s help build a soccer team, but take your time and do it correctly. And, make it just what is necessary for a soccer stadium and keep the rest as community open space. Thanks for listening(would have called but I have spotty communications in mountains of Italy). All the best, jorge Perez

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Anonymous
Anonymous

Well he has been vocal lately. Wish he speak out against Mana for being a slumlord.

Anonymous
Anonymous

Everything Mana owns was put up for sell and Jorge Perez had the chance to buy them, so Perez can’t complain about what Mana is doing with that property which he could’ve owned himself.

Anonymous
Anonymous

Just because Perez didn’t choose to buy any of the choice downtown offerings doesn’t mean that Mana is still a slumlord!

Anonymous
Anonymous

I didn’t say Mana isn’t this or that. People like you want Jorge Perez to “speak out against Mana for being a slumlord.” I’m only stating a fact. Those lots and buildings Mana purchased in Miami were up for sell and very rich developers like Jorge Perez had a chance to buy them just like Mana did. If Jorge Perez decided to now be so concerned about what Mana is or isn’t doing with his property, don’t you think that that would be just a little gratuitous of him?

Miami1
Miami1

I agree with him, but also he is probably mad he didn’t think of this too..jaja

Anonymous
Anonymous

Who would trust what Jorge Perez has to say? He is in business for Related.

Anonymous
Anonymous

Well, which of his points do you disagree with? He made a number of them.

Anonymous
Anonymous

Looks like we have a Jorge brown-noser. Tell us Mr/Ms Anonymous, what did he have for dinner last night?

Anonymous
Anonymous

“Perez said that only the stadium should be built, with the remainder of the park kept as open space.” Right, like his museum and the oh-so-successful park fronting it!

Anonymous
Anonymous

How about the “park” on the land in front of the water at the Paraiso District, half of which was taken up by the Amara “private beach club”.

marc
marc

It’s not his, he only donated for naming rights. His donation was garbage to begin with, should never been called Perez Art Museum Miami

Anonymous
Anonymous

it’s not worse…. at all.

Anonymous
Anonymous

Why don’t they share the Stadium with the Marlins as NYCFC is doing it with the Yankees until they figure something reasonable out?

Anonymous
Anonymous

I agree….. and they keep it busy all the year

Anonymous
Anonymous

And in Chicago at Soldier Field as well. But its just pure greed. They don’t want to share revenue!

Anonymous
Anonymous

Why is this news? Who cares what Perez thinks? Is he going to fight this tooth and nail like he is planning to do against gambling? Last time I checked Related is not building anything by the airport. How about mind your own business Jorge. All of this hot air from someone who was caught saying that he wants to keep building in Downtown and really doesn’t care that Miami might end up under water by 2050 because he will be dead by then anyway. It is obvious you don’t care about Miami, so again mind your own business.

Anonymous
Anonymous

Instead of attacking Perez why don’t you say which of his points you disagree with?

Anonymous
Anonymous

Ok, all of them! Happy?

Tu madre
Tu madre

Nobody asked for his input.. hes jealous hes not apart of this project.. jorge Perez you hater..

Anonymous
Anonymous

can anybody explain to me why the stadium would be built for free if they decide to charge him 3.5 million in rent?. they heard the opinions of many neighbors and they have n’t done any deal with beckham that’s why they postponed voting on the stadium deal. rent should be charged according to demand to rent this place. as far as i know nobody was interested in renting this land

Anonymous
Anonymous

I’m sure there are loads of hotels and office space developers that would love a shot at a $1/sqft lease of land next to the airport. Thats 200x lower than the city average and I would guess the demand to build there would be about as high as in Blue Lagoon.

Anonymous
Anonymous

Yes. Perez made the point that the obscenely low valuation on the lease price provides such savings below market rent that the stadium get built for free.

Anonymous
Anonymous

135 acres. Perez thinks there should be a soccer stadium (which can NOT support itself financially) and then leave the other 126 open???
Nonsense. Let the developers develop…but true, the developers should be paying millions more in rent.

¯\_(ツ)_/¯
¯\_(ツ)_/¯

PSSSH….He’s just mad they ain’t naming the team and stadium after him….gurl please…

Steve Hagen
Steve Hagen

I will try to post a document but it may be too long. Dear Miami Residents who are very concerned about and don’t understand what may happen with about 123 acres of parkland owned by Miami residents, known as MELREESE GOLF COURSE. YOU MAY ALSO SIGN THE PETITION found at More Parks for Miami NOW also on Facebook. Over 400 SIGNERS TO date. I encourage you to share this post. You may have received this already via email. If so, look at this copy as there are changes. I hope you have been paying attention to the proposal before the Miami City Commission to eliminate the City owned Melreese Golf Course / Country Club near the airport in exchange for a soccer complex and huge hybrid office / entertainment / shopping complex. Below is an email I sent to Miami Mayor Suarez and Commissioners. I hope you will agree with many of my 16 points. I urge you to give your thoughts to the Mayor and Commissioners ASAP . (just copy their email addresses below) If you send via email, I would appreciate being blind copied if you so choose. stevenmia@aol.com As most, I am not fully informed about the… Read more »

Anonymous
Anonymous

From his email, I gather that Jorge is in the mountains of Italy…and he is drunk and bored.