MIAMI-As Miami Beach weighs two plans for the redevelopment of the Miami Beach Convention Center and its 52-acre site, Portman-CMC and South Beach ACE continue to go for one another's jugulars. The latest battle is over who is bringing how much commercial and retail space to the landmark project.
ACE emphasizes an operating proforma recently filed with the City states that Portman plans 186,200 square feet of retail and commercial space. That's roughly 50% more than the 125,000 square feet of its Letter of Intent.
Portman takes exception to South Beach ACE's finger-pointing. Charles Pinkham, vice president of Development at Portman Holdings, tells GlobeSt.com the proforma filed with the City—which is displayed on a Microsoft Excel spreadsheet—combines retail and cultural uses on one page for the group's own mechanics purposes.
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