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Art Basel Remains in Miami Beach


October 3, 2017

For those concerned about the future of Art Basel Miami Beach, worry no more. The popular annual event will remain in Miami Beach for at least the next five years after Miami Beach successfully appeased the fair’s request to add an elevator and escalator in the Miami Beach Convention Center. The deal is different from the typical annual arrangement Miami Beach and the fair have kept in the past.

Earlier this year, Miami Beach commissioners decided to add the elevator and escalator to the Miami Beach Convention Center at a cost of more than $2 million. The addition will be incorporated into the Miami Beach Convention Center’s massive $600+ million expansion.

Typically held in December, Art Basel Miami Beach is largely considered the convention center’s marquee event. It is known for attracting some big names including celebrities with deep pockets looking to purchase some of the unique artwork featured each year.

How do you feel about Art Basel Miami Beach’s home remaining secure in the barrier island for the foreseeable future? Would you have preferred to see the event move somewhere else in South Florida?

This update is presented by the Miami Beach real estate team at Blackstone International Realty, specializing in the Murano Grande South Beach. If you are interested in Murano Grande condos for sale, call one of the Murano Grande sales experts at 305-588-2451 for information on buying opportunities and rentals.