Miami-Dade Mayor Moves to Seize 10 Acres on Fisher Island for Fuel Depot
Updated
Updated · Bloomberg · Jun 5
Miami-Dade Mayor Moves to Seize 10 Acres on Fisher Island for Fuel Depot
3 articles · Updated · Bloomberg · Jun 5
Summary
$180 million in land sold last year on Fisher Island is now the target of a forced acquisition by Miami-Dade’s mayor to preserve the Port of Miami fuel depot.
The 10-acre site houses a maritime fuel facility that serves the port’s cargo and cruise operations, making it a critical piece of infrastructure.
Developers including Jorge Perez, Miami’s "condo king," want to replace the depot with luxury condominiums in one of the most expensive ZIP codes in the US.
The move sets up a clash between public control of port logistics and private redevelopment pressure on scarce waterfront land.