Posted Apr 26, 2016, 2:54 PM
|
Registered User
|
|
Join Date: Jul 2005
Location: Miami
Posts: 4,044
|
|
http://www.miamiherald.com/news/loca...e73865292.html
Quote:
Is Genting looking to flip former Miami Herald property?
Unable to build the luxury Miami casino and resort envisioned five years ago when they dropped $236 million for 14 acres on Biscayne Bay, gaming giant Genting Group may indeed be actively seeking to flip the property.
Rumored for years, the company’s interest in selling the former site of the Miami Herald’s headquarters was confirmed recently on condition of anonymity by a developer who said he was shown the property. The meeting came after another failed attempt to change Florida’s restrictive gambling laws during the state’s 2016 legislative session.
|
Quote:
Even now, Genting continues to be active in Tallahassee, where its Resorts World Miami affiliate is represented on matters of “casino hotels” by Ballard Partners, and in the city of Miami, where former congressman Lincoln Diaz-Balart registered to lobby for the company in January. Meanwhile, Genting was among the interested parties last year when the county sought to partner with a developer to build out the space over the Omni bus station and attached Metromover station, and the company is in the midst of renovating the historic Boulevard Shops across from the Performing Arts Center.
As for building plans, Genting hasn’t submitted any for the site since seeking comments on plans for an “as-of-right” project more than two years ago, according to the city’s planning department. Since then, Assistant Director Luciana Gonzalez said a search of the department’s files show no applications for building permits, marina or bay walk.
|
Read more here: http://www.miamiherald.com/news/loca...#storylink=cpy
|