$1B Magic City Innovation District adds Cirque du Soleil founder

The Magic City Innovation District, a $1 billion multi-phase project planned to encompass 17 acres in Miami’s Little Haiti neighborhood, has announced a strategic partnership with a company owned by Cirque du Soleil founder and billionaire Guy Laliberte.

Laliberte’s Lune Rouge team, which joins Dragon Global, Plaza Equity Partners, and Metro 1, will “have a pivotal role in the curation and creative direction of Magic City’s new technology, arts and entertainment district,” per a press release.

MCID plans to create a walkable live-work-play neighborhood between Northeast 60th and 64th Streets just east of Northeast Second Avenue, with the first order of business being the activation of the former Magic City Trailer Park after applying for a Temporary Use Permit.

"Magic City is an opportunity for us to put all our creativity to the service of entertainment and new technologies,” Laliberte said. “This collaboration will allow us to explore new forms of entertainment and make available multimedia and interactive installations adapted to future Magic City residents and visitors. Lune Rouge is proud to be a partner in this important revitalization project.”

The MCID team has also started the Magic City Innovation District Foundation, which will “support the economic, social, and cultural prosperity of Little Haiti and the diverse population of people who live and work there.” They plan to work with the community throughout the planning stages.