An aerial rendering of the 25,000-seat stadium, 11 public soccer fields and other real estate, including 1 million square feet of commercial construction, that David Beckham and his project partners want to build on Miami’s Melreese golf course.
David Beckham and his Major League Soccer stadium partners filed a draft lease with Miami on Wednesday to take over the Melreese public golf course.
Miami Freedom Park LLC would pay at least $3.57 million in annual rent and possibly more. The soccer group could be paying rent equal to the fair market value of the property or 5% of tenants’ rent, whichever is greater, according to the proposed lease and development agreement.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
