Cash-Strapped Miami Approves 500-Foot Tall Billboards
Miami is about to get a taste of Times Square, now that the city’s commissioners have given their okay to a plan that would erect a pair of towering electronic signs.
Even though the project faced vehement opposition from some residents, the commissioners still voted 4-1 to approve the billboards, which would reach nearly 500 feet into the Miami sky.
The reason? Money. The billboards will provide the city with at least $2 million a year in fees.
In addition to the advertising towers, developers are planning a parking garage and a retail center in the area.
Miami Commission approves skyscraper-size billboards [Miami Herald]
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