Genting Group downsizes plans for Miami resort
March 21, 2012By Miami Herald
MIAMI — Even without casino gambling, Genting Group said Tuesday it is moving ahead with a dramatically scaled down plan for its Resorts World Miami.
The five acres where The Miami Herald currently sits would become the site for a five-star luxury hotel, luxury condominiums, waterfront restaurants, some limited retail, and an 800-foot-long promenade along Biscayne Bay.
It's still too early to tell exactly what it would look like, because the project is being designed by Miami's Arquitectonica. There are no renderings available, no specifics about the size of any of the elements, or any idea what would happen to the rest of the 13.9 acres on the Herald site.
Early indications are this version of Resorts World Miami is a far cry from the original, $3.8 billion project with 5,200 hotel rooms, the world's largest casino, more than 50 restaurants and bars, and a shopping mall. That plan drew fire from many community leaders for the being out of scale with the neighborhood and having the potential to create a traffic nightmare.
The first inkling of Genting's revised plan comes about six weeks after the Florida Legislature shut down efforts to approve "destination casino resorts" in South Florida. The plan can be revived next year.
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1 comment:
Are they not the Mashpee Tribe's investors? This also could happen trying to downsize from a destination resort to a slot parlor.That is why the land in Taunton is so small not big enough to build large scale.Florida found out about Genting when will this state ?
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