Genting Group's $3 Billion Resorts World Miami Includes Public Land
In this week's Miami New Times,
take a peek at the brewing battle over the The Genting Group's grandiose plan to
redevelop the Miami Herald's storied waterfront home into a
gigantic casino resort, Leading the criticism is former Miami Mayor Joe Carollo, who
warns the Malaysian gambling conglomerate is trying to take city and
county owned land without paying for it.
"If they paid $236 million for the
Herald land and $205 million for the Omni Center, it's only fair they
pay the same amount per square foot for public land," Carollo
A Genting executive disputed Carollo's claim, noting the company only plans to reconfigure some roads and public transportation facilities. Resorts World Miami Senior Vice-President Christian Goode explains Genting "is prepared to provide capital required to realign the Metromover path" and also "provide capital for improving the Omni Metromover station." He added: "No public land is included in the project's master plan."
But renderings of the $3 billion planned resort show the company will be doing more than realigning Metromover and improving the Omni station.
The area we've circled in the above graphic is the existing site of the station and a Metrobus depot; land that is owned by the county. The image clearly shows both transit structures would no longer be there so "providing capital" is not going to be enough.
Genting better come up with the big bucks to pay the county for prime property located between North Bayshore Drive and Biscayne Boulevard. As Carollo insists, it's only fair.
Get the This Week's Top Stories Newsletter
Every week we collect the latest news, music and arts stories — along with film and food reviews and the best things to do this week — so that you’ll never miss Miami New Times' biggest stories.
- ISIS-Sympathizing Uber Driver Who Wanted to Kill Miamians Is Sentenced to Ten Years in...
Sun., Aug. 2, 1:05pm
Tue., Aug. 4, 6:35pm
Wed., Aug. 5, 6:35pm
Thu., Aug. 6, 6:35pm
- Harlem Suarez Planned to Blow Up Key West Beach in ISIS-Inspired Attack
- Miami Is the Most Expensive City in America for Millennials to Rent