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Front Page » Breaking News » New Royal Caribbean Cruises lease to net county $653 million

New Royal Caribbean Cruises lease to net county $653 million

Written by on May 7, 2019

Big changes are coming to Royal Caribbean Cruises’ PortMiami campus, as Miami-Dade lawmakers Tuesday OK’d a new land lease and development deal with the company expected to create an almost $653 million positive fiscal impact to the county over half a century.

County commissioners voted unanimously to approve an item authorizing the new lease with Royal Caribbean and an agreement that the company will spend at least $300 million developing and improving its port campus.

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