Miami developer drops out again, CBRE offers to negotiate with Studers the day the deal fell apart

On July 23, CBRE sent former Chief Operations Officer Tamara Fountain an update of its efforts on marketing the Community Maritime Park. The Miami developer,…

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Another messy triangle: Mayor-CBRE-CMPA

Who has the rights to market the parcels at the Vince Whibbs, Sr. Community Maritime Park? Hayward’s Chief Operations Officer Tamara Fountain has told the…

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MCM-BAP backs up, will submit a third plan

At the Pensacola City Council workshop, Miami developer MCM-BAP said it will submit a revised proposal within the next three weeks. The new proposal, the…

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Missing pieces to MCM-BAP MOU puzzle

A few more odd points concerning the MCM-BAP MOU: 1) The cover letter is on MCM-BAP letterhead but addressed to Willy A. Bermello of Bermello…

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A few more points on MCM-BAP offer

I spoke with Jim Reeves, chairman of the CMPA Board of Directors, last night. He agrees the June 8 offer by MCM-BAP is very different…

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CMPA approves 99-year lease for proposal hotel and luxury apartments

The Community Maritime Park Associates Board of Trustees approved yesterday an lease agreement for a new master developer who promises to investment $65 million into…

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