This is a pretty big deal: earlier this week, Miami officials announced that the iconic Miami Marine Stadium, which closed down after Hurricane Andrew hit Florida back in 1992, might soon be restored. More specifically, the city is looking for a private operator to run the site. 

According to NBC, the venue, which was built as a powerboat racing stadium in 1963, may be converted to a world-class concert arena in the ensuing months. Just think about it: you might soon be able to catch Beyoncé in all of her glory while she performs right on Biscayne Bay. 

“I grew up with this iconic structure that had many kinds of events, from concerts to motorboat racing, to have it sitting there for so long with no use and without people being able to enjoy, it really has been a crime,” said Damian Pardo, District 2 Commissioner for the City of Miami in an official statement.

Interestingly, the 1992 hurricane did not cause significant damage to the stadium. However, officials declared it unsafe and effectively abandoned it, a decision that led to its gradual deterioration over the following three decades.

In its request for proposals to find a private operator, the city mentions that it will handle the costs of restoration, although financial details have not been ironed out yet. The would-be operator would be managing the renovation efforts, help book on-site events and maintain the financial stability of the site. Proposals are due by April, so we might learn much more about the project as early as May.

If all goes according to plan, the public will then have a chance to vote on specific plans during a referendum in November.

A revitalized Marine Stadium could redefine Miami’s cultural identity, setting the stage for a new era of entertainment and tourism—and we’re absolutely here for it.