City of Miami Set to Sell Historic Olympia Theater to Pitbull’s Nonprofit
The City of Miami’s Board of Commissioners is preparing to vote on a significant resolution that would transfer ownership of the historic Olympia Theater to the charter school nonprofit Sports Leadership and Management (SLAM), co-founded by the renowned rapper Pitbull, whose real name is Armando Christian Pérez. This development has sparked discussions about the future of this iconic venue, located at 174 East Flagler Street.
Sale Overview
Key Details:
- Property: Olympia Theater
- Location: 174 East Flagler Street, Downtown Miami
- Proposed Buyer: Sports Leadership and Management (SLAM)
- Commission Vote: Set to waive competitive bidding
Historical Significance
The Olympia Theater, established in 1926 as a silent movie palace, has a storied past. It was added to the National Register of Historic Places in 1984. Over the years, it has hosted performances from legendary artists, such as Elvis Presley, B.B. King, and Luciano Pavarotti. The theater is designed by renowned architect John Eberson, with a significant renovation by Morris Lapidus.
Concerns and Criticism
Former commissioner Ken Russell, who is currently campaigning for the mayoral position in Miami, has expressed concerns about the pending sale. He labeled the arrangement a “giveaway” and indicated that the property has substantial financial value.
Key Quotes
"It has 80 units on the front of it, which could be a perfect small boutique hotel… owned by the taxpayers and about to be given away for nothing to a charter school," said Russell on Instagram.
Russell highlights the potential for much more than a charter school in this historic venue, urging the commission to view the property’s broader potential.
Legal Background
In the 1970s, the theater was saved from demolition by real estate developer Maurice Gusman. His heirs are currently involved in litigation against the city, claiming breach of covenant concerning the management of the property. This legal dispute is ongoing in the Third District Court of Appeal. However, if the sale to SLAM is approved, it could alter the course of this litigation.
Legal Requirements
The resolution stipulates that:
- SLAM must restore and bring the property up to code within five years.
- Restoration work includes:
- Reconstruction of previously demolished dressing rooms
- Repairs of water-damaged areas
- Renewal of interior structural integrity
- Refurbishment of mechanical systems
- Exterior renovations including roof replacement and restoration of the theater’s facade.
Future Plans for the Theater
If the sale goes through, SLAM intends to operate the Miami Tech at Mater Innovation Academy within the theater, rebranding it to the Miami Innovation & Arts Academy. Collaborating with Miami Dade College, the facility would provide dual enrollment programs for students.
Why the Sale Matters
- Cultural Heritage: The theater has been an integral cultural venue in Miami, making it important for the community.
- Educational Opportunities: The development aligns with community needs for educational facilities.
- Historical Restoration: Achieving necessary renovations could preserve the theater’s legacy for future generations.
Responses from Officials and Community
As discussions unfold, Miami Mayor Francis Suarez and Commissioner Damian Pardo have not publicly commented on the situation. Community reactions are mixed, reflecting both excitement over potential renovation and apprehension regarding the loss of a historic asset.
Conclusion
The impending vote on the sale of the Olympia Theater marks a significant moment for both Miami and its historic preservation efforts. With its rich history and potential for future educational enhancement, the outcome of this decision could impact not only the immediate area but also the broader landscape of Miami’s commitment to preserving its cultural heritage.
For further information, visit the National Register of Historic Places or explore details about the Sports Leadership and Management (SLAM) programs.