Since Bacardi USA Inc. relocated its headquarters to Coral Gables, chairman Facundo Bacardi had been inundated with calls from developers and non-profit organizations about acquiring the company’s iconic former home base in Miami.
On Wednesday, the company announced what many in the community believe to be the preferred result: The sale of the Bacardi Tower and Museum complex at 2100 Biscayne Boulevard to the nonprofit National YoungArts Foundation. The price was a reported $10 million, about half of the market value.
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