Page 7: of Maritime Reporter Magazine (March 1986)

$31-Million Development Project

Begins At Port Of Miami

Artist's rendering of project called "A Seamark at the Port," first major commercial devel- opment at the Port of Miami. Two cruise ship terminals are expected to be in operation by the end of this year, with the office complex slated to open in mid-1987.

A $31-million maritime office/ restaurant/retail complex on Dodge

Island, Miami, Fla., named "A Sea- mark at the Port," signals a resur- gence of Miami's waterfront devel- opment and further expansion of the cruise industry. Development by

Miami Seaport Partners, Ltd., a joint venture of Warsham Brothers

Company, Inc. and TechniDevelop- ment Corporation, the 13.8-acre port expansion is the first private undertaking in the Port of Miami's history.

Arquitectonica International Cor- poration, the innovative Miami- based architectural firm, has de- signed a reflective silver tile and glass complex combining two new cruise terminals, a 14-story office tower, 19,000 square feet of retail space, 31,000 square feet of ware- housing area, 1,158 surface parking spaces, and Dodge Island's first full- service restaurant, with 250 seats.

With groundbreaking scheduled for the first quarter of this year, the first phase of the development will be the two terminals, equipped to service two or three cruise ships by the end of 1986.

The Port of Miami, known in the industry as the cruise capital of the world, last year served more than 2.3 million passengers aboard 20 cruise ships now docking at the port's nine terminals, far exceeding any other U.S. port in passenger load. Due to the phenomenal growth of the cruise industry, several lines are building a total of six new ships.

Two of these will be ready to oper- ate by mid-86 and will require space at the Port of Miami.

The entire commercial complex is scheduled for occupancy by the fall of 1987, which will coincide with the opening of a new four-lane, fixed- span bridge linking Dodge Island with the mainland.

To build the new terminals,

Metro-Dade County entered into an agreement with Miami Seaport

Partners, Ltd. whereby the develop- ers would lease land from the coun- ty to build the entire project. The

County would then lease back the terminal portion of the project, leav- ing the remainder of the property to be developed and managed by

Miami Seaport Partners. In con- junction with the maritime com- plex, the developers have also agreed to contribute up to $1.3 mil- lion in sitework and port improve- ments.

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Circle 114 on Reader Service Card

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Circle 105 on Reader Service Card

March, 1986 9