Photo: ilbusca / E+ / Getty Images
Miami, FL - The Miami Seaquarium closed on Sunday after 70 years of operation following the company’s bankruptcy filing earlier this year.
The park’s lease has been sold to the Terra Group for $22.5 million, with plans to transform the site into a modern aquarium experience that will not include marine mammals.
The redevelopment will preserve the park’s iconic golden dome while focusing on immersive exhibits, marine education, and the conservation of Biscayne Bay.
The Terra Group, led by CEO David Martin, said the project will include restaurants, retail spaces, and a new marina, aiming to create a family-friendly destination centered on education and community engagement.
The closure follows a year-long eviction process by Miami-Dade County against the Seaquarium’s previous owner, the Mexican-owned Dolphin Company, due to animal welfare concerns.
Marine mammals currently at the park will be relocated under the supervision of the county and the bankruptcy trustee to ensure their safety.
The Seaquarium has faced controversy in recent years, including the 2023 death of the orca Lolita and multiple warnings and violations from the United States Department of Agriculture.
Animal welfare groups, including PETA, supported the eviction and closure of the facility.
Former Seaquarium veterinarian Dr. Jenifer Wallace noted concerns about the park’s legacy and past incidents affecting its reputation.
A public event is scheduled on Sunday afternoon to mark the park’s closure and celebrate its history, while also introducing the upcoming transformation into the Miami Seaquarium 2.0.