Biz Journals posted an article about various proposals for the Miami Beach Convention Center. Portman-CMC gave a $1.15 billion proposal while South Beach ACE submitted a $1.2 billion proposal. Both of them included commercial development which will be on city-owned land. They will be responsible for other private components such as a hotel and retail locations. Each company will continue to revise their plan to give people a better understanding of their goal.
Read more about the Miami Beach Convention Center on Biz Journals.
Ugo Colombo and the other members of the Portman CMC team have recently modified their original proposal for the Miami Convention Center to incorporate feedback from the Miami Beach community. “The residents made it clear that the Jackie Gleason Theater is an important landmark they want to keep. We listened, we heard, and we’ve found a way to adjust the master plan in order to keep the theater in place while still achieving our other objectives,” said Jack Portman, of Portman Holdings.
The team is planning to restore the Jackie Gleason Theatre and integrate it with their plans to turn the Convention Center into a superior urban environment. They aim to provide residents with public outdoor spaces while maximizing its economic benefit to the Miami Beach Community.
For the Full article on Ugo Colombo and Portman CMC, check out BizJournals.