Florida approve plan to donate $66 mln property for Trump's presidential library

1/10/2025 6:23

The state of Florida has approved a plan to donate a property near downtown Miami for the site of the Donald J. Trump Presidential Library, Governor Ron DeSantis said on Tuesday.



The lot has an appraised value of about $66 million, according to media reports, but it could sell for at least $360 million, The New York Times reported, citing a real estate consultant.



The 2.63-acre property with waterfront views is currently used as an employee parking lot for the Miami Dade College's Wolfson Campus. It is adjacent to the historic Freedom Tower, which served as a Cuban refugee center in the 1960s and 1970s.



DeSantis said the library will be good for Miami and for Florida, adding that no other state has supported Trump's agenda the way Florida has.



The White House referred requests for comment to the Donald J. Trump Presidential Library, which described Miami as a "booming corridor" of finance, trade, tourism and technology.