Ron DeSantis just took over $66 million worth of prime Miami real estate and gifted it to Trump for a presidential library | Fortune
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Ron DeSantis just took over $66 million worth of prime Miami real estate and gifted it to Trump for a presidential library | Fortune
"Florida officials decided Tuesday to set aside nearly three acres of prime downtown Miami real estate next to the historic Freedom Tower as a potential site of the future presidential library of President Donald Trump. Republican Gov. Ron DeSantis and the Florida Cabinet voted to give the parcel appraised at more than $66 million to the foundation that's planning the president's post-administration archives,"
"The property is flanked by glitzy condos in an iconic stretch of palm tree-lined Biscayne Boulevard, overlooking the waterfront park and across the street from the basketball arena that's home to the Miami Heat. Miami Dade College has used it as an employee parking lot. Under the state constitution, the gifting of certain state properties requires approval by a collective decision-making body comprised of the attorney general, the chief financial officer and the commissioner of agriculture as well as the governor."
Florida officials set aside nearly three acres of prime downtown Miami real estate next to the historic Freedom Tower as a potential site for a Donald Trump presidential library. Governor Ron DeSantis and the Florida Cabinet voted to transfer the parcel, appraised at more than $66 million, from state-run Miami Dade College to the Donald J. Trump Presidential Library Foundation. Officials argued the site would provide a "greater benefit to the public" and "increase economic development activities." The property is flanked by condos along Biscayne Boulevard, overlooks a waterfront park, and sits across from the Miami Heat arena. The transfer required constitutional approval and gives the foundation control over the site. The foundation's trustees include Eric Trump, Michael Boulos and James Kiley. The site is adjacent to the Freedom Tower, a former newspaper building and Cuban refugee resource center now operated as a museum by the college.
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