The city of Miami was moving full steam ahead with a proposal to redevelop Miami Marine Stadium, scheduling a special meeting Friday to send a referendum to the November ballot, asking voters to approve the city’s choice of an operator to oversee the restoration of the 1963 landmark and run it as an event and performance venue.
But the plan came to a screeching halt Friday morning after revelations came to light about the former CEO of the company the city had hoped would redevelop and manage the iconic stadium on Virginia Key. The city had selected a company called Global Spectrum, doing business as Oak View Group.
In July, Oak View Group’s CEO Timothy Leiweke was indicted for orchestrating a conspiracy to rig the bidding process in an arena deal in Austin, Texas. Leiweke pleaded not guilty, and the Department of Justice reached a non-prosecution agreement with Oak View Group and another company involved, Billboard reported. The companies agreed to pay penalties of $15 million and $1.5 million each…