South Beach ACE Wins Convention Center Contract

MIAMI—After a nasty battle to the end with Portman-CMC, South Beach ACE took home the prize on Wednesday night. The ACE group, features Tishman Hotels Group and Robert Wennett, who developed 1111 Lincoln Road, has won the right to redevelop the Miami Beach Convention Center District.

Miami Beach City Commissioner Michael Gongora motioned to award the contract to ACE. After Comissioner Jorge Exposito seconded the motion, Comissioner Ed Tobin made a final pitch for Portman-CMC, a group that included Portman Holdings and CMC Group. Portman also had support from Miami Beach City Manager Jimmy Morales. But in the end, ACE won every vote but Tobin’s and Commissioner Jonah Wolfson.