Odebrecht proposes $512 million “Airport City at MIA,” with hotels, offices ...

Miami International Airport is considering plans for a 33-acre hotel, business center and retail complex dubbed  “Airport City at MIA”  that will cost more than $500 million, officials said at a recent State of the Ports briefing.

“Airport City will put our airport on the global map in ways never before dreamed possible,” said José Abreu, director of the Miami-Dade County’s Aviation Department, which owns and runs MIA.

Plans call for a hospitality center, with a 425-room, four-star hotel plus a 150- to 300-room limited service hotel; up to one million square feet of Class-A office space; and a retail plaza. The development would straddle the Central Boulevard entrance to MIA and its parking garages.

Similar projects are planned or now operate in Dublin, Frankfurt, Amsterdam, Dubai, Singapore, Hong Kong and Incheon. Those ventures serve travelers and locals alike.

Proposing the MIA project is a team led by Odebrecht USA, the US arm of the Brazilian construction giant long active at the airport and across South Florida. The team estimates the project would cost $512 million. Once complete, operations would create about 10,000 direct and indirect jobs, with an economic impact of $1.63 billion per year, according to a study by the Washington Economics Group.

County officials must approve the plan. A development contract with Odebrecht likely will be considered by the county’s Transportation and Aviation Committee in March and later by the Board of County Commissioners. Odebrecht plans to finance, build and operate the project, while the county’s aviation department would share in revenues, Odebrecht said.

Founded in 1944 in Brazil, the Odebrecht Organization now operates in more than 20 countries and employs more than 175,000 people worldwide. Odebrecht USA opened in 1990. Among South Florida projects, it has built the South and North Terminals at MIA, Golden Glades Interchange, American Airlines Arena and MIA Mover.

For more information on Odebrecht, visit www.odebrecht.com.

 

 

 

 

Odebrecht proposes $512 million “Airport City at MIA,” with hotels, offices ...