City of Miami Referendum 3Proposed Lease and Redevelopment of existing Rickenbacker and Marine Stadium Marinas on Virginia Key
What your vote means
A YES vote approves the 45-year lease of the Rickenbacker and Marine Stadium marinas to Virginia Key, LLC.
A NO vote does not approve this lease.
Our one-line summary of the official wording.
In plain words
Our summary of the official materials and local reporting.
- The city would lease about 27.62 acres on Virginia Key to a private company, Virginia Key, LLC, for 45 years with two possible 15-year extensions. source: miamidade.gov
- The company would pay at least $2.2 million a year in rent plus 6% of gross revenues and spend about $80 million to rebuild the two marinas with boat storage, restaurants, shops and parking. source: miamidade.gov
- Money: Minimum rent $2.2 million a year (rising over time), about $203.98 million over 45 years, plus 6% of gross revenues; about $80 million in private investment. source: miamidade.gov
Why people want it, and why others object
Why supporters want it
No public statement found.
Why opponents object
No public statement found.
Who backs each side
No public record found of a campaign committee or campaign money for either side.
In each side's own words where we could find them, quoted or summarized with a link to the source. We don't endorse either side.
What you will see on your ballot
ballot wording to come We publish ballot wording only after checking it word for word against the official file. The wording will come from miamidade.gov . Until then, check your sample ballot on the Division of Elections voter lookup (then your county Supervisor of Elections for your sample ballot) .
Latest news
Recent reporting from a range of outlets, newest first. We link to it; we don't endorse it.
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