After Hurricane Irma, the owners of a historic home in Miami were shocked when it burned down to the ground.
The blaze was the worst in Miami history and left thousands of residents homeless and without homes.
The owners of the house, a 1930s building on the site of the old U.S.
S: The Mariana Trench, were forced to evacuate, but the damage to their property has been estimated to be as much as $2.5 billion.
Now, the property is being purchased by a developer who plans to build a hotel and casino on the property, a project that would likely put the property in jeopardy if it goes ahead.
“We’re talking about a property that’s gone from a historic preservation standpoint to a commercial property and a residential property,” said Dan Cates, president and CEO of Miami-based developer Nantucket Realty Partners.
The former Mariana trench, which sits just north of Miami’s famous Atlantic Ocean, is considered a historic site.
It is the site where a Spanish explorer first encountered the wreck of the Spanish ship San Juan de Siete in 1635.
It was originally built in the 1700s as a fishing house and later became a fortification.
When it was completed in 1832, it was the world’s largest fortification and a major naval base.
Nantickys plan is to turn the property into a casino and hotel.
“This is a historic property that has been here for years,” said Cates.
“The idea is to use the property for tourism, but also to develop the hotel and the hotel project will be a massive, multi-billion dollar project.”
The project is also in the midst of the final stages of the process of building the hotel.
The developer is planning to turn this property into hotels and casinos.
Miami-Dade County has yet to make any official decisions about the potential hotel or casino.
But local leaders have already made it clear that they would not want to see the property destroyed in this way.
“I don’t think it’s going to happen,” Mayor Carlos Gimenez said.
“And I’m not sure if I’ve ever heard the term ‘burn it down.'”
Cates said the property has already received an environmental impact statement and is undergoing a “consulting process” by the city.
“It will be assessed and it will be evaluated,” he said.