The Genting Group is moving closer to sealing the deal on a $3 Billion project that would significantly change the Miami urban landscape, and maybe most importantly be the engine for 15,000 direct and indirect jobs during construction and 30,000 once completed!
The one hurdle that still needs to be overcome is the need to secure a gambling license from the state of Florida.
According to the Miami Herald, Genting’s plans unveiled last Wednesday night includes four hotels, two residential condominium towers, a casino, convention center, more than 50 restaurants and bars and a luxury retail shopping mall.
The project has been designed by local Miami architecture firm Arquitectonica, and is intended to emulate the shape of a coral reef and if built will look amazing at night with an LED-lit exterior. I’m not sure what the negative consequences of another South Florida casino would be, but the incredible number of jobs and business this mega project would generate would be hard to pass up.