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Boston developer Dennis Stackhouse arrived in Miami-Dade County with a troubled financial history and a bold plan: to develop a $250 million biopharmaceutical park in one of the neediest neighborhoods in the country. He had no financing to build buildings, no tenants to fill them, and no experience constructing the high-tech facilities required by pharmaceutical companies to test and manufacture drugs.
What he did have: an all-star lineup of lobbyists, lawyers, consultants and politicians who drummed up support — and, in some cases, millions of public dollars — for a biotech project in Liberty City that after four years consists of only a lot cleared for a parking garage. His roster includes a powerful county commissioner, a former chairman of the state House Appropriations Committee, a board member of Jackson Memorial Hospital and the mother of a powerful U.S. congressman, herself a former congresswoman.
As the biotech park stalled and Stackhouse diverted more than $500,000 from a county poverty agency through double billing and dubious expenses, he spent hundreds of thousands on political insiders in Miami, Tallahassee and Washington, a Miami Herald investigation found. Former U.S. Rep. Carrie Meek, who has a street named after her just blocks from the proposed park, received at least $40,000 from one of Stackhouse’s companies, a leased Cadillac Escalade and a 2,600-square-foot office for her foundation, rent-free. She was paid as her son, U.S. Rep. Kendrick Meek, requested millions of federal dollars for the biotech project, congressional records show.
As the person who flagged this to my attention said, “Everybody who believes that Meek never talked to his mother about earmarking funds for this project please raise your hands.”
More from Ken Silverstein:
Perspective — October 23, 2013, 8:00 am
How pro-oil Louisiana politicians have shaped American environmental policy
Postcard — October 16, 2013, 8:00 am
A trip to one of the properties at issue in Louisiana’s oil-pollution lawsuits
Amount that President Obama has added to America’s “brand value” according to the Nation Brands Index:
A study suggested that the health effects of exposure to nuclear radiation at Chernobyl were no worse than ill health resulting from smoking and normal urban air pollution.
A Utah woman named Cameo Crispi pleaded guilty to having drunkenly attempted to burn down her ex-boyfriend’s house by igniting bacon on his kitchen stove.
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“I hope that after reading the following pages the leaders of the Y. M. C. A. will start a campaign to induce good young men to do nothing. If so, I shall not have lived in vain.”