Miami Dade College Concerned About Cost Of Running Museum at 520 Biscayne

Miami Dade College told developers that they are concerned about the operating costs of museum space that has been proposed at 520 Biscayne, according to the Herald.

Instead, the college now says that they prefer more exhibition space, which they say is less costly to operate and can be rented out. Although they had in issued an RFP for the land last year requiring 100,000 square feet of museum space, they are now concerned that it will be too expensive to maintain.

The new requirements could be a problem for Gary Nader, who had proposed a large museum space, and good news for Related Group, which proposed a smaller museum. Gregg Covin and Chad Oppenheim’s proposal included 100,000 square feet of museum, the minimum required.

Negotiations will be held towards the end of June, with revised proposals due June 7. An evaluation session is scheduled for July 12.