Miami voters have approved a restoration agreement allowing the city a path forward towards reactivating the historic Miami Marine Stadium on Virginia Key. Miami voters decided the referendum on Tuesday, August 18, following a decades-long closure after Hurricane Andrew caused extensive damage to the stadium in 1992.
Global Spectrum would manage events at the stadium and Flex Park under a 40-year term in the newly proposed agreement. The city would receive 93% of gross event sales along with a monthly management fee and an additional 85% of sponsorship revenue. Global…
