Are funds for New World Symphony home in question?

Posted on: February 12, 2009

In Tuesday’s (2/10) Miami Herald, Douglas Hanks reports, “In calculating how to finance half of a $609 million baseball stadium with hotel taxes, Miami-Dade County is not reserving money for the New World Symphony’s expanded home in Miami Beach, county officials said. Although only a planning decision, the omission calls into question a $27 million infusion of hotel taxes the symphony is counting on to pay for the $140 million high-tech concert hall under construction off Lincoln Road.” County Manager George Burgess asserts that the two new projects are not connected and should not be seen in opposition to each other. “As construction workers secure the steel girders that make up the skeleton for the complex designed by famed architect Frank Gehry, the New World Symphony is awaiting county dollars tentatively pledged to the project last spring. In May, commissioners unanimously approved a motion instructing Burgess to negotiate a deal that would hand the symphony $27 million from a countywide hotel tax. The agreement requires a second commission vote, but Burgess has not presented a final deal with the symphony.”

Photo: Rendering for the New World Symphony’s expanded home
Credit: Courtesy of the New World Symphony