Full List Of Every Property Controlled By Genting In Downtown Miami – The Next Miami

June 1, 2022 Admin

Here is a full list of every property owned by Genting in downtown Miami, according to their recent annual report.

1601 Biscayne Boulevard (Omni):

1 plot of building land (approximately .25 acres, valued on Genting’s books at approximately $12m)
5-story Omni Office Building (approximately 1,294,995 square feet of building, valued on Genting’s books at approximately $74m)
3-story Omni Retail Building (approximately 689,999 square feet of building)
29-story Omni Hilton Hotel (approximately 850,004 square feet of building, valued on Genting’s books at approximately $64m)

Downtown Miami land:

1 plot of building land (approximately 2.2 acres, valued on Genting’s books at approximately $16m)
Checkers Drive-In Restaurant (approximately 800 square feet of building)
1 plot of building land (approximately 13.84 acres, valued on Genting’s books at approximately $220m)
7-story Miami Herald Building (approximately 758,005 square feet of building)
2-story Boulevard Shops (approximately 25,704 square feet of building)
10 plots of vacant land (approximately 1.2 acres, valued on Genting’s books at approximately $3.8m)
1 unit of Marquis Condominium (approximately 4,187 square feet, valued on Genting’s books at approximately $1.4m)

It isn’t clear why the Herald building is still listed after being demolished.

All of the properties above were listed as being acquired in 2011, the report said. The valuation dates are as of December 31, 2021.

The company unveiled plans in 2011 for Resorts World Miami, shortly after acquiring the former Miami Herald site

The proposal included six LED-lit towers with a design inspired by a coral reef.

Four of the towers were to be hotels, with a total of 5,200 rooms. The remaining two towers would be residential, with 1,000 residences.

An eight-story podium was to sit above a three-story underground parking garage.

The podium was to have a two-story shopping mall with 250,000 square feet of luxury retail.

There would also have been more than 50 restaurants, lounges, bars and nightclubs, and 700,000 square feet of convention space including a 200,000 square foot column-free ballroom that would be the largest in the U.S.

Atop the podium would be a massive 3.6-acre lagoon, allowing one to swim from Biscayne Bay to Biscayne Boulevard. The lagoon would be equivalent in size to 12 Olympic-size swimming pools, and would have a sand beach.

A public baywalk was also planned.