Vote NO on Virginia Key Marina Referendum
Vote NO on the Virginia Key marina referendum. Miami’s public waterfront belongs to the community. Decisions affecting its future should give residents a clear understanding of what the City is committing to, what the public will receive, and how those commitments will be enforced.
The proposed agreement involves approximately 27.6 acres of City-owned waterfront, with an initial 45-year lease and renewal options that could extend the arrangement to 75 years. The proposal calls for redevelopment of the Rickenbacker and Marine Stadium marinas. A commitment of this duration deserves careful scrutiny and a clear demonstration of lasting public benefit. Read the proposal overview.
The competitive procurement process began in 2017 and has since involved competing bids and years of litigation. BHA leadership’s concern is whether a proposal originating nearly a decade ago adequately reflects today’s market conditions and community priorities. Residents deserve a clear explanation of how the agreement has evolved and why its terms represent the best value for Miami today.
Financial transparency is central to that assessment. Voters should have access to current revenue projections, construction costs, property valuations, and the assumptions supporting the agreement. This information should explain the anticipated return to the City, potential risks, and who bears responsibility if the project falls short of expectations.
Meaningful public participation also requires more than a ballot question. Residents should understand what authority the City retains, how the agreement protects public access, and how the City will hold the operator accountable throughout the lease. These details should be readily available and easy to understand before voters decide.
Environmental protections are another priority. The public deserves clear information about potential effects on water quality, marine habitats, and surrounding ecosystems. Commitments to environmentally sensitive redevelopment should include specific safeguards, enforceable requirements, and ongoing monitoring.
The future of local businesses also warrants attention. Opponents have raised concerns about displacement, while project supporters dispute that existing businesses will be forced out. That disagreement reinforces the need for documented protections and clear opportunities for local entrepreneurs. Read more about the competing claims.
BHA leadership believes residents deserve a stronger foundation for a decision that could shape this public waterfront for generations. We urge a NO vote and call for an agreement that clearly demonstrates public value, protects the surrounding environment, and supports the local businesses that contribute to Miami’s character. Join us on September 29 for the Breakfast Briefing to learn more about the marina referendum. RSVP to attend.