David Beckham. Andrea Raffin/Shutterstock.com
Bruce Matheson lost his fight against the sale of Miami land to David Beckham's soccer group, although the outcome had no impact because the retired soccer star switched to another location for his Major League Soccer team.
Matheson, a descendant of a Miami pioneer family that over the years has donated land for public parks and the Miami Marine Stadium, challenged the sale of 2.79 acres for $9 million was illegal because it was a no-bid deal, meaning others couldn't submit competing proposals for the land.
He sued Miami-Dade County and the Beckham affiliate, 0101 Miami Properties LLC, used to buy the land. He lost the Miami-Dade Circuit Court case as well as his appeal to the Third District Court of Appeal. The Supreme Court on Thursday declined to accept jurisdiction.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Lidia Dinkova
Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at [email protected] or 305-347-6665. On Twitter @LidiaDinkova.
