Project · Miami, FL · Updated today
Virginia Key Marina redevelopment
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Sourced from Miami meeting, Jun 11, 2026. ZoneWire tracks 87 projects in Miami, FL, updated within 24h of every meeting.
Where this stands
Lease of approximately 27.62 acres of city-owned waterfront on Virginia Key; 45-year initial term with two 15-year renewals; minimum guaranteed annual rent $2.2 million with escalations (approx. $203,980,000 over initial term) plus 6% of gross revenues; approximately $80 million privately funded redevelopment of Rickenbacker/stadium marinas including boat storage, restaurants, retail, and public parking. Subject to Nov 3, 2026 referendum. RFP 16-17-011.
- Project
- Virginia Key Marina redevelopment
- Asset class
- Commercial
- Developer
- Virginia Key LLC / RCI
- Location
- 3301, 3605, 3501, 3311, and 3511 Rickenbacker Causeway
- Scale
- 27.62 acres
- County
- Miami, FL
- Jurisdiction
- Miami
- Current status
- Approved
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Virginia Key Marina redevelopment
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