Miami voters will decide whether developers can buy city-owned land for two projects on Watson Island in Biscayne Bay.

The 86-acre, man-made island, which is bisected by the MacArthur Causeway connecting Downtown Miami and South Beach, is known primarily as the home of Jungle Island, an 18-acre tropical theme park.

The owner of Jungle Island, Aventura-based ESJ Capital, is partnering with Coconut Grove-based Terra Group on a redevelopment proposal involving the northwestern tip of Watson Island.

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
NOT FOR REPRINT

© 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.