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Announcement

Resorts World Miami Resubmitted Plans

By
Cashflow In Miami
on
March 21, 2021

One Herald Plaza, Omni Miami, Fl

After a three year pause, Resorts World Miami resubmitted plans for three waterfront towers of about 60 stories each at One Herald Plaza, the former headquarters of the Miami Herald. The planned constructions would range in height between 642 and 645 feet but will be no taller than 649 feet above sea level, according to the filing.

Genting Group, a Malaysia-based firm that is Resorts World Miami’s parent developer, also has plans to expand the city’s monorail to Miami Beach, a proposal that was approved in 2020 by the Miami-Dade Board of County Commissioners. So far, $14 million has been allocated for a detailed design of the monorail extension, which would be approximately four miles long.

Genting owns and operates an array of casino resorts in Malaysia, Philippines, the UK, and the US, and has been campaigning Florida lawmakers for years to invite commercial casino operators to Miami. The conglomerate dropped $236 million in 2011 to purchase 30 acres of land between the MacArthur Causeway and NE 15th Street with the hopes of developing a mega gambling facility at the site. Part of that land parcel includes One Herald Plaza.

In addition to its One Herald Plaza project, Resorts World has also filed plans to construct a 580-foot tower at the Omni bus terminal.

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