Miami Mayor Inks Deal To Build Stadium

Downtown Miami may see a new baseball stadium on its horizon if the Mayor's deal gets approval.

1 minute read

December 19, 2000, 7:00 AM PST

By Christian Madera @http://www.twitter.com/cpmadera


"Declaring that Miami is a sports town that belongs in the major leagues, Miami-Dade Mayor Alex Penelas signed a deal Sunday with the Florida Marlins to build a $385 million baseball stadium in downtown Miami. Team owner John Henry and Penelas signed a letter of intent that spells out the terms of the surprise agreement and gives both sides 60 days to negotiate a final arrangement for a stadium with a retractable roof and 40,000 seats. As part of the deal, the Marlins agree to change their name to the Miami Marlins and pay the county $6 million a year for 40 years to play in the stadium. In exchange, the county pledges hotel tax money to build the ballpark."

Thanks to Christian Peralta

Monday, December 18, 2000 in The Miami Herald

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