Ultra Music Festival has grown into its prime location at Bayfront Park by throwing one the year's most anticipated music festivals every year.

According to a new report, Ultra Music Festival's organizers will have pay a $2 million flat rate to the agency that oversees the Bayfront Park grounds.

Despite downtown residents complaining about the noise from the park each year, the city Miami is in talks about doubling their normal fee to host the 3-day festival at the Bayfront Park. “I’m telling them it’s no less than $2 million,” Joe Carollo revealed to the Miami Herald.

With Ultra 2019 locked in for the Bayfront Park, only time will tell if Ultra Music Festival finds a new location.

Photo Alive Coverage / Source Miami Herald