Miami Beckham United has agreed with multiple private parties and Miami-Dade County to buy approximately 9 acres in the Overtown neighborhood of Miami. The group is looking to acquire a four acre site at 650 NW 8th Street owned by Windsor Capital Corporation along with part of a plot owned by the city’s Water and Sewer Department on the other side of 7th. Beckham’s company signed a non-binding letter of intent to negotiate to “pay fair market value” with the county for the land. The group will also ask the city to close off Seventh Street to create a nine acre assemblage, with underground parking. The deal still needs to be approved by the county commission.
“This will be the most responsible stadium development in Miami history,” Miami Beckham United wrote in a statement. “Construction of our venue will be privately financed, and we will work with Miami-Dade County Public Schools to establish our club as an educational resource for the community. We will also engage nearby businesses and residents as we develop our stadium design and take steps to enhance the neighborhood.”
