Federal Judge Approves Miami Seaquarium Lease Transfer to Terra Group

Lease Transfer Approved for Miami Seaquarium

• 🏛️ A U.S. Bankruptcy Court judge in Delaware has approved the transfer of the lease for the now-closed Miami Seaquarium.
• 🤝 The developer, Terra Group, aims to redevelop the site into a new aquarium.

Terra Group's Vision for the Site

• 💡 Terra Group plans to create an accredited aquarium without marine mammals.
• 🌊 The redevelopment includes a public Baywalk, dining, retail, a marina, and an education and research center.
• 💰 The transaction is valued at more than $22 million.

Animal Relocation and Future Steps

• 🐾 Efforts are underway to rehome the dolphins and other animals with the help of relocation specialists and veterinarians.
• 🚫 None of the animals will be relocated to other dolphin company parks.
• 🗓️ The judge has set a May 2026 closing date for the project.
• ✅ The next critical step is Miami-Dade County Commission approval, followed by formal negotiations on the lease agreement.
• 🗣️ The public will have an opportunity to weigh in during a public comment period before the final county commission vote.