David Beckham Bringing his Talents to Downtown Miami?

David Beckham and LeBron James

We all know the famous “I’m bringing my talents to South Beach” line by LeBron James (even though he was bringing his talents to Miami, NOT South Beach). It seems as if David Beckham may have this same idea, but for very different reasons. Everyone wants in on the redevelopment and expansion of Downtown Miami, now count Beckham among them. According to a source close to the negotiations, Beckham has chosen Miami as the destination for his expansion Major League Soccer (“MLS”) club, with designs on building a stadium in Miami’s urban core.

Beckham, exercising an option to become an MLS team owner for the discounted rate of $25 million, an incentive given to him as part of a deal that brought him to the L.A. Galaxy in 2007, is attracted to Miami as “it excites him and in turn is very excitable”. Beckham is partnering with British entrepreneur Simon Fuller, best known for developing American Idol, and the ownership group eventually wants a purpose-built stadium in Miami’s urban core.

Miami, also known as the “Gateway to the Americas”, with its large and growing Latin American population, will be a fitting home for the international community’s most popular sport. Further, the desire to choose Miami’s urban core speaks to the success of the redevelopment and future proposed development of Downtown Miami and the surrounding neighborhoods…it is certainly a far cry from the condition the area was in a decade ago.

I am a huge fan of anything that adds value to Downtown Miami, and a MLS stadium would do just that. Between this idea and the proposed Miami Worldcenter, Downtown Miami condos could be primed for an unimaginable surge in value over the next decade. With the bottom of the Miami Real Estate market clearly behind us, now is the time to buy without hesitation. If you, or someone you know, are interested in purchasing a condo in Downtown Miami, please contact me. I appreciate the opportunity to earn your business.