Metropolis sale of Olympia Theater will get go-slow

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Written by on July 2, 2025

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Metropolis sale of Olympia Theater will get go-slow

Miami metropolis officers are holding off on a proposal to switch possession of the historic Olympia Theater to a constitution faculty operator following pushback over a scarcity of public enter and transparency.

Throughout final week’s assembly, the Miami Metropolis Fee unanimously agreed to defer voting on the acquisition and sale settlement to July 24. In the meantime, metropolis workers will host public conferences to collect group suggestions and make clear the phrases of the proposed contract.

Inbuilt 1926, the Mediterranean-style venue in downtown Miami has lengthy been a cultural landmark. After working for many years as a film palace and theater internet hosting world-class performers, philanthropist Maurice Gusman deeded the declining property to the town in 1975, saving it from demolition. It was added to the Nationwide Register of Historic Locations in 1984, however regardless of its status, the now 99-year-old constructing has since fallen into disrepair and metropolis officers have struggled to reopen or redevelop the house.

Underneath the present proposal, the town would promote the theater and adjoining property at 174 E Flagler St. to the nonprofit that runs SLAM Academy, a constitution faculty community co-founded by Miami-based rapper Armando “Pitbull” Pérez. The positioning could be remodeled right into a performing arts faculty and occasion house that SLAM would function in collaboration with Miami Dade School. The preliminary plan requires the varsity to lease workplace house to the faculty, supply pupil internships and use the theater for each faculty features and public programming.

Metropolis Supervisor Arthur Noriega opened the dialogue by addressing considerations concerning the tempo and public notion of the proposed deal. “I believe when it comes to public notion, [this item has] moved fairly shortly, and it type of has, however extra from a timeliness perspective,” he mentioned, noting that the intent behind the settlement was to activate the Olympia Theater in time for the upcoming faculty 12 months.

Mr. Noriega acknowledged the challenges the town has confronted because the caretaker of an almost 100-year-old constructing that holds historic designation however requires in depth repairs. “There was a reference to the problem of whether or not we’re good stewards of our metropolis belongings, and that is in all probability a main instance of the place we’ve as a metropolis have by no means actually been in a position to commit important sources to a constructing that’s nearly 100 years outdated, is historic and in determined want of a substantial quantity of labor, upwards of $35 million to $40 million,” he mentioned.

He additionally addressed group considerations that the proposed partnership between an academic establishment and a historic theater may seem to be an “odd marriage.” Given the general public suggestions voiced through the assembly’s remark interval, Mr. Noriega beneficial suspending the vote on the acquisition and sale settlement to permit extra time for group enter and dialogue.

He defined that the revised settlement would return to the fee after further public outreach, including that the town wouldn’t finalize the transaction except Miami Dade School’s position is extra clearly outlined. The deal can be contingent on resolving ongoing litigation with the Gusman household, which beforehand owned and managed the theater.

Commissioners expressed help for revitalizing the Olympia Theater however emphasised the necessity for transparency and safeguards earlier than relinquishing public possession.

Commissioner Ralph Rosado requested that the ultimate settlement embody a minimal variety of days per 12 months when the theater should be open for public use for occasions akin to concert events, movie festivals, or cultural programming. He additionally known as for at the least three group conferences to be held earlier than any ultimate vote, with choices for each in-person and digital attendance to make sure all stakeholders can take part.

Commissioner Joe Carollo agreed with Mr. Rosado’s push for a assured variety of public entry days and requested that SLAM and its companions commit upfront monetary sources to cowl the theater’s renovations, probably by way of bonded funding. He additionally criticized the town for its long-standing neglect of the venue’s upkeep wants and questioned why Miami ought to give away a historic property fairly than put money into its preservation.

Fee Chair Christine King echoed considerations concerning the compressed timeline and mentioned commissioners had not been totally briefed on all of the phrases of the proposal. Commissioners Damian Pardo and Miguel Gabela in the end agreed to defer the vote to permit extra time for group enter and deeper conversations across the phrases.



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