by Lisa A. Grimaldi | March 16, 2016

Miami Beach voters have rejected a ground lease for an 800-room hotel that would have connected to the Miami Beach Convention Center, according to the Miami Herald. Fifty-four percent of voters favored the issue, but the project required a 60 percent threshold to approve leasing public land in the convention center district. The facility currently is undergoing a $600 million renovation and expansion, but no hotels are linked to the venue. Atlanta-based developer Portman Holdings had proposed privately financing the $400 million, 288-foot-tall hotel with no public subsidy.

"Over the coming weeks, I will work with my colleagues to ensure that the will of the majority of Miami Beach voters is not silenced and that the progress we've made with our convention center corridor continues," Mayor Philip Levine said in a statement after the votes were counted.