Florida Gifts 2.63‑Acre Waterfront Parcel in Miami for Trump Presidential Library
Florida's Cabinet voted to gift a 2.63‑acre waterfront parcel on Biscayne Boulevard adjacent to the Freedom Tower in Miami to the Trump Presidential Library Foundation, with the transfer conditioned on construction beginning within five years. The site—appraised at more than $66 million and estimated by a New York Times‑cited consultant to be worth at least $360 million—will likely serve as a museum/exhibit center since National Archives practice keeps federal presidential records in the capital region, and Eric Trump said the planned library “will not look like President Obama's ‘prison‑like structure.’”
Government
Real Estate
Politics
🔍 Key Facts
- The Florida Cabinet voted to gift a 2.63‑acre waterfront parcel on Biscayne Boulevard adjacent to the Freedom Tower to the Trump Presidential Library Foundation.
- The property's transfer is conditioned on construction beginning within five years.
- The parcel was appraised at more than $66 million; a New York Times‑cited real‑estate consultant said the site could fetch at least $360 million on the open market.
- Eric Trump issued a statement comparing the planned library's design and scale to the Obama Presidential Center, saying it "will not look like President Obama's 'prison‑like structure.'"
- Reporting notes that the National Archives (NARA) will keep federal Trump administration records in the Washington, D.C., region, indicating the Miami site will likely function as a museum/exhibit center rather than the federal records repository.
📍 Contextual Background
- YouTube and its parent company Alphabet agreed to pay a total of $24.5 million to settle a lawsuit brought by Donald J. Trump over the temporary suspension of his YouTube account after the 2021 U.S. Capitol attack.
- Of the $24.5 million settlement with YouTube/Alphabet, $22 million was allocated to Donald J. Trump and directed into the Trust for the National Mall to support construction of the White House State Ballroom.
- Corporate and individual donors have pledged nearly $200 million to cover construction costs for the planned White House State Ballroom; donors named in reports include Google, R.J. Reynolds, Booz Allen Hamilton, Lockheed Martin, Palantir, and NextEra Energy.
- Meta agreed to pay $25 million to Donald J. Trump to settle a 2021 lawsuit over its suspension of his accounts following the Capitol attack.
- X agreed to pay $10 million to Donald J. Trump to settle its lawsuit concerning his account suspension; that lawsuit was filed before Elon Musk acquired the platform.
- The settlement between Donald J. Trump and YouTube/Alphabet ended a four-year legal battle between the parties.
- U.S. federal law Section 230 provides online platforms with broad legal protections that allow them to make content-moderation decisions without being held liable for those decisions.
📰 Sources (2)
Trump presidential library to be built in Miami after Florida gifts waterfront site
New information:
- The Florida Cabinet voted to gift a 2.63‑acre parcel on Biscayne Boulevard adjacent to the Freedom Tower to the Trump Presidential Library Foundation.
- The transfer is conditioned on construction beginning within five years.
- The parcel was appraised at more than $66 million; a New York Times‑cited real‑estate consultant said the site could fetch at least $360 million.
- Eric Trump provided a quoted statement and compared the planned library’s design and scale to the Obama Presidential Center, saying it 'will not look like President Obama's "prison‑like structure."'
- Reporting notes NARA’s role and that Trump administration records will remain in the capital region, indicating the Miami site will likely function as a museum/exhibit center rather than the federal records repository.