The City of Miami’s most valuable property asset has dodged a controversial sale — at least for a few more weeks.
Watson Island, the site of Miami Children’s Museum and Jungle Island in the middle of Biscayne Bay, has been at the heart of a contentious back-and-forth between developers looking to build luxury condos and hotel space, and the city that owns the property.
Commissioners were poised Thursday to sell the land to BH3 Management for $29 million plus a $9 million payment for affordable housing and infrastructure improvements. The sale was deferred at the 11th hour, however, after some commissioners questioned if the city was getting its money’s worth…