Miami Worldcenter Will Be a ‘Game Changer’
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Encore Capital Management’s $2B Miami Worldcenter is slated to begin construction in 2016.
The project has been criticized by community and union activists for receiving $108M in public subsidies, but Encore CEO Art Falcone envisions the project as providing a major boost to an area much in need of one. “Something of the size we’re doing is always going to be contentious. But we know it’s going to be a game changer for the Overtown community and the whole downturn area,” Falcone told the Miami Herald.