Miami, FL - The City of Miami is actively advancing efforts to restore the iconic Miami Marine Stadium, a mid-century modern South Florida landmark known for hosting concerts, races, and events since 1963.
After years of delays, the city has initiated a request for proposals (RFP) to identify a suitable operator for the stadium's restoration and management.
Bids opened recently, with site tours scheduled in the coming days.
Proposals are due in April, and a selection committee aims to finalize its choice by summer.
The city plans to prepare ballot language for a November vote to secure public approval for the project.
The Miami Marine Stadium, located on Virginia Key, has been closed since 1992 after Hurricane Andrew led officials to declare it unsafe.
Despite its closure, the stadium has remained a significant cultural landmark, celebrated for its unique design and historical significance.
Commissioner Damian Pardo, representing District 2, emphasized the city's commitment to finding the best possible operator to restore and manage the stadium.
The city's revenue-sharing plan addresses considerations such as climate resiliency, noise control, traffic, and structural integrity.
Pardo views the restoration as part of a broader initiative to revitalize Miami's assets, marking a period of renewal and progression on a global scale.
The restoration project is estimated to cost approximately $60 million and could take two years to complete.
The city has already begun initial restoration efforts, focusing on critical structural repairs.
The final decision on the stadium's future will rest with Miami voters, as the city plans to present the selected proposal for public approval in November.
If successful, the restoration of the Miami Marine Stadium will not only preserve a historic landmark but also provide a renewed venue for community events and cultural activities.