Resorts World Signs Deal For Marina At Herald Property

Resorts World Miami just inked a deal that hints they may be proceeding with development of a portion of the project.

On June 30, the company acquired a permit to build a marina with 20 boat slips behind the former Miami Herald property for an undisclosed price.

The seller of the rights (issued by DERM,) is Miami River Marina, LLC, controlled by Finlay B. Matheson. The Matheson family donated the land for Crandon Park and Matheson Hammock Park to Dade County.

Miami River Marina received the DERM permit in October 2015 for a property on the Miami River at 1995 Northwest 11 Street.

The DERM rights are transferable, and were assigned to be used for a marina at the Herald property following the close of the transaction.

Resort World’s Marina will include a public baywalk that extends underneath I-395 connecting to Museum Park, Miami Today reported in February.

Also last month, Resorts World began the permitting process to build a wood fence. The city denied the application last week over concerns that a portion of the fence would “wing” over the water, and because Miami 21 forbids wood fences.

 

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Anonymous
4 years ago

I feel like this project will never get of the ground.

Anonymous
4 years ago

Yes, unfortunately, like all the major, wonderful projects for Miami that stay on the drawing boards and never get off the ground. Just because the big guys in Orlando have much more pull than anybody else and buy all the politicians in Tallahassee.
They don’t really want the competition from anywhere else in the state, especially from Miami

Anonymous
4 years ago

I just hope that Skyrise does get off the ground. I feel this will definitely be a big catalyst for Miami and especially downtown

marc
4 years ago

Good. Miami doesn’t need to turn into another tacky Orlando.

Anonymous
4 years ago

Right, because downtown Orlando is tacky.

Anonymous
4 years ago

Just asking whats tacky about Orlando?

suomynona
4 years ago

I particularly dislike the southwestern part of Orlando with all the amusement parks, tourists and congestion. It’s pretty awful there. But downtown Orlando seems pretty nice as well as many of the neighborhoods to its east. (I’m not otherwise familiar enough with the area to comment on it.)

Anonymous
4 years ago

May be tacky but it’s down right the biggest competition for Miami.
They even got the Emirates flight. We may start to lose out as they continue to attract more multinationals and their downtown is also going through massive construction

Anonymous
4 years ago

just a hunch but my guess is there are zero plans by genting to move forward but having these marina rights sure makes the parcel of land more valuable if they should sell……hhhmmmmm……

Anonymous
4 years ago

Generally, submerged lands are controlled by the State of Florida’s Division of Environmental Protection. DERM, a county agency, issues construction permits and inspections, etc. Last I checked, no new power boat (motorized) slips were permitted within the confines of Biscayne Bay. Only new sailboat slips could be authorized. There may be some creative subletting and assigning of a State submerged land lease going on here. While I hope RW lands a marina, it’s not going to be easy.