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Flagstone Group – Island Gardens Project

Intro

Since 2001, Floridian Partners has worked closely with Flagstone Group and represented them in the development efforts of the Island Gardens Project on Watson Island in the City of Miami. The Island Gardens Project is one of the most ambitious and impressive development projects in the city of Miami. The $1 billion dollar project currently encompasses the first-of-its-kind luxury mega yacht marina in North America and will soon include a 5 Star Luxury Hotel, shopping, and waterfront dining. In the 15 years spent working with the Flagstone Group, Floridian has represented them on a number of issues spanning multiple disciplines.

Objective

  • Ensure the feasibility of the Flagstone Group’s project

Action Taken

As previously stated, Floridian has had a longstanding partnership with the Flagstone Group and continues to assist them in a multitude of ways. Previously, Floridian has helped the Flagstone group navigate through their initial “Request For Proposal” process, which allowed them to begin work on the project. Furthermore, Floridian advised Flagstone through a public referendum, which ultimately ended in the public’s approval of the project.

When the financial crisis of 2008 rocked communities and businesses around the country, Floridian Partners made sure to help Flagstone renegotiate their contract with The City of Miami so that the project could maintain its feasibility and be built in stages despite economic turmoil.

Our work with Flagstone also includes guiding them through two dozen Miami City Commission votes, helping them secure three approvals from Florida’s Governor and Cabinet, as well as assisting them in obtaining all environmental permits with the South Florida Water Management District, Army Corps of Engineers, and Miami-Dade Department of Environmental Resource Management.

Outcome

With construction of the deep-harbour marina concluded, Flagstone’s project is expected to be the venue for multiple Miami boat shows in coming years. Upon its completion, The Island Gardens Project will be yet another crown jewel for the City of Miami, and Floridian Partners is excited at the opportunity to continue facilitating the development of the project.