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Florida has approved donating a 2.63-acre property near downtown Miami for the Donald J. Trump Presidential Library. Valued at INR 5.5 billion (USD 66 million) but potentially worth USD 360 million, the site is currently a Miami Dade College parking lot next to the historic Freedom Tower. Governor DeSantis emphasized the benefits for Miami and Florida, while Eric Trump described the library as a lasting tribute to his father's legacy. Presidential libraries preserve historical records, often feature museum exhibitions, and are generally located in a president's home state.
Florida has approved a plan to donate a 2.63-acre property near downtown Miami for the Donald J. Trump Presidential Library, Governor Ron DeSantis announced earlier this week. The property, currently used as a parking lot for Miami Dade College's Wolfson Campus, offers waterfront views and is located next to the historic Freedom Tower, which served as a Cuban refugee center in the 1960s and 1970s. Advertisement
The lot has an appraised value of about INR 5.5 billion (USD 66 million), though real estate consultants suggest it could sell for at least USD 360 million. DeSantis said the library would benefit both Miami and Florida, adding that no other state has supported Trump's agenda as much as Florida.
The Donald J. Trump Presidential Library described Miami as a booming corridor for finance, trade, tourism, and technology. Eric Trump, president of the library foundation, said that no monument can fully capture his father's legacy, but the library would serve as a lasting tribute. He also highlighted that the library will be visible for miles into the Atlantic, adding a bold landmark to Miami's skyline.
Presidential libraries are designed to preserve documents, records, and historical materials from a president's term and often include museum exhibitions. They are typically established in a president's home state. Although Trump is originally from New York, he officially moved his residency to Florida in 2019 and spends much of his time at Mar-a-Lago in Palm Beach. Trump served as president from 2017 to 2021 and has recently returned to the White House for a second term.
The project has drawn attention not only for its historical significance but also for its potential economic and cultural impact on Miami. With its prime location and high visibility, the library is expected to attract visitors and become a notable addition to the city's waterfront development, highlighting Florida's increasing role in national politics and history.
Source Reuters
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