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Local Name:
Budget:
$3.2B
Announced:
2011
Construction Start:
Opening:
unknown
Location:
Area:
6 ha
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Operator:
Consultants:
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Ride Suppliers:
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  1. ResortsAhoy is offline resortX Top Investigator
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    A Pre-Evaluation meeting has been requested for the SmartCity site, according to a filing with Miami-Dade.
    The meeting is for “review the Metro Subzone development parameters relative to the assemblage of land at 425 NE 13 Street,” the filing states, with a meeting request date of May 23. The proposed application type is: Urban Center Administrative Site Plan Review.
    Source: https://www.thenextmiami.com/pre-site-plan-review-meeting-requested-for-smartcity-site/

  2. ResortsAhoy is offline resortX Top Investigator
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    SmartCity Miami has announced plans to purchase the former Miami Herald property in Downtown Miami from Genting Group. The sale is set to be completed late this year, at a price of $1.225 billion. There were a total of nine bids for the property from all over the world, and five of those bids were over $1 billion.
    Terra and its CEO David Martin is leading the SmartCity Miami LLC investment group that won the bid.
    Source: https://www.thenextmiami.com/smartcity-miami-buying-genting-site-for-1-2b-planning-something-spectacular/

  3. ResortsAhoy is offline resortX Top Investigator
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    Resorts World Miami looks to be an abandoned project.

    Malaysian gaming giant Genting Berhad is reportedly planning to sell a 16-acre parcel of land in Miami, with the US$1 billion asking price slated instead for its proposed New York City casino expansion.
    Genting already owns the Hilton Miami Downtown hotel and connected Omni Center but had hoped to develop a large-scale integrated resort, Resorts World Miami, on the parcel of land it purchased for US$236 million in 2011.
    The Miami-Dade Board of County Commissioners had also commissioned in 2020 a feasibility study into a potential monorail system that would have connected Resorts World Genting with the city of Miami.

    Instead, Genting has now given up on that dream, according to Bloomberg, with the US$1 billion asking price set to be used to expand its current slots-only Resorts World New York City casino. Genting is one of a handful of operators bidding for one of three full casino licenses to be granted in New York in 2023, which would allow for the addition of gaming tables.


    Source: https://www.asgam.com/index.php/2022/12/01/genting-said-to-be-selling-miami-land-parcel-for-us1-billion-as-focus-shifts-to-new-york/

  4. WorldWideWoman is offline Curious Chap
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    May 2022
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    Announced in 2011 construction of Resorts World Miami is still on.

    The acquisition of the Omni Center, inclusive of the 527-room Hilton Hotel is the first stage of development for the $3.8 billion Resorts World Miami project, which will soon rise on 30 acres of prime land in downtown Miami.The hotel, office, retail and parking acquisition comes as Florida legislators contemplate the proposed Destination Resorts Act, which will open the door to billions of dollars in new investment, create up to 100,000 new jobs, and reform casino gaming in the state
    Opening date remains unknown.

    Source:
    https://hospitality-on.com/en/development/resorts-world-miami-takes-ownership-omni-center-and-hilton-hotel-miami

  5. CaitlinA is offline Senior Park Investigator
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    From The Edge Markets, news that Genting's recent financial issues won't affect the project in Miami from moving forward. Also, another monorail rendering:



    Genting's HK cruise ship woes will not rock Miami-Dade County’s monorail talks — report:

    KUALA LUMPUR (Jan 27): Genting Bhd, which is at the centre of Miami-Dade County’s monorail talks, expects no complications from the liquidation of Genting Hong Kong. In a report Wednesday, the Miami Herald said representatives for the monorail partnership, which includes Paris-based investment firm Meridiam, said there is no exposure from Genting Hong Kong’s liquidation.

    “Genting Hong Kong’s [and its subsidiaries’] operations have no impact — financial or otherwise — on Resorts World Miami or on the monorail project. Genting Hong Kong is a public company that is not a subsidiary nor an entity of Genting Malaysia Bhd or its Resort World properties,” the report cited Damien Kolosky, senior investment director at Meridiam, as saying.
    Source: https://www.theedgemarkets.com/article/gentings-hk-cruise-ship-woes-will-not-rock-miamidade-countys-monorail-talks-%E2%80%94-report
    Another source confirming: https://www.thenextmiami.com/monorail-to-miami-beach-will-not-be-impacted-by-genting-hong-kong-issues/
    Monorail Image source: https://www.condoblackbook.com/blog/resorts-world-miami-submits-plan-for-monorail-and-bus-station/

  6. ResortsAhoy is offline resortX Top Investigator
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    Plans for a monorail that will have a stop in Resorts World were re-submitted to the Miami-Dade County Planning office in December 2021.

    According to the newly submitted documents, the Monorail Transit Subdivision will consist of four tracts:

    Tract A – former Herald building bayfront land
    Tract B – proposed Monorail and Metromover platforms
    Tract C – current surface parking lots closer to the Omni
    Tract D – current surface parking lots closer to I-395





    Source: https://www.thenextmiami.com/plans-for-monorail-transit-subdivision-at-resorts-world-miami-submitted-again-to-county/

  7. ResortsAhoy is offline resortX Top Investigator
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  8. mrg
    mrg is offline resortX Top Investigator
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  9. Viktoriia Talailo is offline Curious Chap
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    Nov 2021
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    Resorts World Miami - a $3 billion, 13.9-acre mixed-use gaming, hotel and entertainment development along the waterfront in Miami‘s Omni District just south of Edgewater. "Achitecture with the history" - it could be the name of this project. In 2011, the Genting Group had spent $236 million to purchase 30-acres of land within the Omni District with the intention of building out the plans for the Resorts World mega development along Biscayne Bay. The adored former office building began demolition in 2014 and completed in 2015, the site has remained vacant ever since.
    The plan by Arquitectonica company back from 2011



    Cost: $3 billion
    Site: 13.9 acres
    Square feet: 10 million
    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




    In 2021 The Federal Aviation Administration has approved and cleared the way for three towers at the proposed location for Resorts World Miami. According to to the approval letters, the three structures are approved to rise 642-feet, 643-feet and 645-feet from the ground up, or 649-feet above sea level. New renderings have not been revealed, but it is likely the firm Arquitectonica may remain as the designer of the project.
    Source:
    https://www.condoblackbook.com/blog/genting-s-resorts-world-miami-moving-closer-to-reality-and-becoming-miami-s-first-casino/

  10. Interesting:

    A short trip down memory lane to 2011, many will remember Genting unveiled its ambitious and controversial project called the Resorts World Miami. It was poised to be one of the biggest projects in Miami, sitting on a prime waterfront parcel that was the famed Miami Herald site in Downtown. With the proposed six, LED-lit, coral reef-like towers, a 3.6-acre lagoon stretching from Biscayne Bay to Biscayne Boulevard, came something Miami has never had, a casino.

    Fast forward eight years... and nothing has been built. What’s the hold-up, you ask? Gambling permits! For years, local governments have rejected the Malaysian company’s proposal to build a world-class casino in the heart of Miami. However, with recent shifts in the political climate in favor of gambling, Genting’s dream of building a commercial casino in Magic City could be seeing new and favorable betting odds.
    Source: https://www.condoblackbook.com/blog/genting-s-resorts-world-miami-moving-closer-to-reality-and-becoming-miami-s-first-casino/

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