2016 lease to Urban Commons In 2016, Urban Commons, a real estate company, bought the lease, which extended to 2082, out of default. The lease obligated them to perform the ship's daily upkeep and long-term projects. Carnival Cruises took over the entire dome and made efficiency improvements under their management. The operator generated funds through its events, the hotel bookings, and passenger fees from the nearby Carnival cruise terminal, which was the largest source. Taxpayer funds were not being used to maintain the ship under the lease agreement. Urban Commons had plans to extensively renovate the liner and to redevelop the adjacent of parking with a boutique hotel, restaurants, a marina, an amphitheater, jogging trails, bike paths and possibly a huge Ferris wheel, all at a cost of up to $250 million.
2016 lease to Urban Commons In 2016, Urban Commons, a real estate company, bought the lease, which extended to 2082, out of default. The lease obligated them to perform the ship's daily upkeep and long-term projects. Carnival Cruises took over the entire dome and made efficiency improvements under their management. The operator generated funds through its events, the hotel bookings, and passenger fees from the nearby Carnival cruise terminal, which was the largest source. Taxpayer funds were not being used to maintain the ship under the lease agreement. Urban Commons had plans to extensively renovate the liner and to redevelop the adjacent of parking with a boutique hotel, restaurants a marina, an amphitheater, jogging trails, bike paths and possibly a huge Ferris wheel, all at a cost of up to $250 million.