Quote:
Originally Posted by Coldrsx
Corrected
Here is how Genting describes its planned resort:
Cost: $3 billion
Site: 13.9 acres
Square feet: 10 million
Floors: 65
Construction jobs: 15,000 direct and indirect
Permanent jobs: 30,000
Convention and meeting space: 700,000 square feet (including ballroom)
Ballroom: 200,000 square feet (billed as the largest in the United States)
Hotels: Four – super luxury, contemporary, convention and family
Hotel units: 5,200
Residential units: 1,000
Swimming lagoon: 3.6 acres and 1,000 feet-long
Retail: 250,000, square feet
Restaurants: More than 50
funded by 25,000kg of yayo
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I appreciate the attempt at humor

, but in reality this 3 bil project will be funded by a 43 bil resorts/gaming company that recognizes the possibility that Miami's already formidable tourism cache has the potential to justify such an investment. It speaks to the fact that Miami is an international lure and is a leader in the tourism industry, which is as much an industry as any other no matter how much people on these forums try to dismiss or denigrate it. The "yayo" days are past by a couple decades.... water under the bridge.... old news. It's just not prevalent in our economy as these vestigial perceptions persist in promoting. In reality the drug trade has moved to greener, easier pastures. Miami is no longer the center financially or geographically. I concede that it isn't gone, we're the center of finance for Latin America after all, but this notion that drug traffic is the driving force for everything down here is patently false.
<steps off the soapbox>