Commercial property

Soccer Star David Beckham Makes First Payment on Miami Stadium Land



Major League Soccer is on it's way to Miami if David Beckham has anything to do with it. Plans have been underway for several years to bring a stadium for the new team and the first payment of $450,000 toward the $9 million purchase of the 3 acres has just been made. 

Beckham and his business partners have approximately one year to pay the majority of the money for the land that Miami-Dade County have agreed to sell. Plans to build a 25,000 seat stadium are coming together as Beckham has had an option to buy a franchise for $25 million since he played for LA Galaxy ten years ago. 

The no-bid deal with Miami-Dade is facing a legal challenge.  – Rich Bockmann

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David Beckham, sports, investment, commercial real estate, real estate, Miami