With tomorrow’s vote to lift the ban on taxpayer funds for the mega mall, here's how much money the developer has donated to County Commissioners

On the agenda for tomorrow’s meeting of the Miami-Dade Board of County Commissioners: an item to lift the ban on taxpayer funds being used for the American Dream Miami mega mall. This legislation was previously heard in a smaller county commission committee in July 2024 and will now be heard by all 13 county commissioners.

We previously reported that the Ghermezian family, who are the developers behind this project, had donated $38,000 to the campaign coffers and political committees tied to county commissioners.

We can now update that number to $40,000, as Syd Ghermezian made two $1,000 donations to the campaign accounts of Commissioner Keon Hardemon and Commissioner Raquel Regalado.

The Donations from the Ghermezians

The Ghermezian family has donated $40,000 in the last two years to various political committees linked to Miami-Dade Commissioners:

The July 8 Committee Vote Set the Stage For Tomorrow’s Vote in the Full Commission

On July 8, 2024, the commissioners voted to potentially allow public subsidies for the American Dream Miami mega mall, marking a significant victory for the Ghermezian family. A lobbyist for the project had earlier indicated that $350 million in public funds might be needed to make the mall a reality. And guess who’s leading the charge for these taxpayer funds? None other than Miguel Diaz De La Portilla, a member of the Diaz De La Portilla political dynasty and part of our Miami Corruption Tracker.

Raquel Regalado initially opposed the American Dream Miami mega mall

After previously opposing the American Dream Miami mega mall, Commissioner Raquel Regalado accepted $12,500 in donations from the developers and voted to approve subsidies for the project in July. She accepted another $1,000 in August.

A headline from the Miami New Times in 2015 cited Raquel Regalado’s opposition to the mega mall as a deciding factor in her decision to run for Miami-Dade County Mayor.

The Miami-Dade County Commission’s July 2024 committee vote to reverse a ban on public subsidies for the American Dream Miami mega mall has sparked controversy. This move followed significant donations from the mall’s developers, the Ghermezian family, to political committees linked to key commissioners.

The American Dream Miami project, led by the Ghermezian family-owned Triple Five Group, aims to build a massive mall on the edge of the Everglades in Northwest Miami-Dade. The project has faced opposition due to environmental concerns, worries about out-of-control traffic and the use of public funds to subsidize a private project. Back in 2018, the Miami-Dade County Commission approved the mall’s construction but adopted a policy against using taxpayer dollars for its development.

Raquel Regalado slammed the mega mall project in a Facebook video in 2015. Click to watch the video.

Miami-Dade County Commissioner Raquel Regalado initially opposed the mall. In 2015, while running for mayor, she criticized the project for offering low-wage jobs and questioned its economic benefits. In a video statement, she slammed then-Mayor Carlos Gimenez for supporting the project and emphasized the need to diversify the economy. However, she eventually voted in favor of selling the land needed for the mall’s development while on the school board, saying it was a good deal despite her opposition to the project.

Fast forward to 2024, campaign finance records show Regalado’s campaign committee and political committee received $13,500 from the Ghermezian family. Despite her previous stance opposing the mega mall, she voted in favor of reversing the ban on public subsidies for the project on July 8. She also played a key role in moving it through committee by amending the resolution’s language from “ban” to “modify,” in order to ease her colleagues’ concerns.

Tomorrow’s vote on the reversal of the ban on public subsidies for the American Dream Miami mega mall raises questions about the influence of developer donations on political decisions.

Sources:

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