MIAMI
A corruption probe into a $1 billion deal to overhaul Miami Beach’s Convention Center District may ensnare a developer who is widely considered to be the city’s first choice to get the project.
Investigators will evaluate why CMC Group, run by one of South Florida’s leading high-rise developers, paid $25,000 to a firm headed by an ex-con suspected of working in cahoots with the city’s purchasing director.
The purchasing director, whose job was to oversee the bidding, resigned when city officials became concerned that he might have been rigging the process by assembling his own development team.
The city has proposed expanding the convention center, building an 800-room hotel, and possibly tearing down public structures in favor of shops, condos, parks or restaurants. The idea is to transform an outdated facility into a world-class attraction in the heart of South Beach. For the full story, click here.
Courtesy of The Miami Herald
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