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Steve Ross' redevelopment of historic resort in Miami Beach advances

1 day ago   |   By

Billionaire developer Steve Ross is one step closer to achieving his goal of buying and redeveloping a historic property in Miami Beach. Ross, founder and chairman of the Related Companies and owner of the Miami Dolphins, has an agreement with the Meruelos, the controversial owners of the Deauville Beach Resort, to buy the hotel for an undisclosed amount. The oceanfront resort fell into disrepair and is being demolished. Ross' deal is likely contingent on securing
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