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.