Watch out world! Miami is getting another heavy-hitting reason forpeople to take notice on the world map. The ideally-located property of The Miami Herald in Downtown Miami is set to become a $3 billion waterfront destination resort by the casinos-focused powerhouse conglomerate, Genting Group.
Genting Group is a household name throughout most of Asia due to their luxury casino resorts. Their hope is to reach the status of the top 3 casino companies on the globe and they have been expanding worldwide making the most notable impact on Asia and the United Kingdom. The CEO and largest shareholder, KT Lim, lived in Miami for quite some time – during which Miami had a significant and positive impact on him: “Miami is a place I understand. Downtown has really been cleaned up in the last 20 years. I’ve literally seen the transformation.” The 13.9 acre space purchased for $236 million cash will definitely be developed into a global go-to resort but ground won’t break until Genting Group knows for sure if they will be able to include a high stakes casino in the venue. Intense lobbying has already begun and now only time will tell just what sorts of entertainment we will be able to find on the Biscayne Bay.
Miami is no stranger to luxury… see some hot Biscayne area properties and give us a call – 877-852-6636!
MARQUIS MIAMI: this high-tech building is part of the Rock Resorts brand and features fresh extras like an organic and locally-sourced restaurant, Amuse, and a hip lounge.
|Marquis Residences|1100 Biscayne Boulevard Miami, FL 33132 877-852-6636
ASIA: this luxury Brickell Key tower is unique in that every unit is a penthouse! Enjoy lots of space and just as much privacy is this shining oasis on the water.
|Asia| 900 Brickell Key Boulevard Miami, FL 33131 877-852-6636
Photo Credits: marquis-miami.com, asiamiamicondo.com, wn.com