MIAMI BEACH, Fla. -

The Miami Beach city manager on Monday sent a memorandum to the city commission regarding the redevelopment of the Miami Beach Convention Center.

Jimmy Morales' memo outlined financial plans from Portman-CMC and Tishman Group, who are competing for the bid. The Miami Beach City Commission will choose one on July 17.

Read Jimmy Morales's memo

Both teams revamped their plans Friday after being asked to do so by Morales.

Tishman Group released the new renderings pictured below. A spokesman for Portman-CMC was awaiting final renderings before distributing them.

Renderings: South Beach ACE

Published On: Jul 08 2013 02:31:17 PM EDT   Updated On: Jul 17 2013 02:00:35 PM EDT
South Beach ACE's renderings for Miami Beach Convention Center
South Beach ACE Aerial Image
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South Beach ACE Aerial Image