Miami-Dade commissioners give green light to Genting bus stop hotel
April 19, 2017 9:01 AM
by Robert Mann
Miami-Dade commissioners on Tuesday gave a green light to letting Genting build a hotel over a Miami bus stop, with additional discussion over speculation that the Malaysian gambling giant wants include a casino as part of the project.
“I am willing to live with a casino there,” said Commissioner Joe Martinez. “Because it is coming,” reports the Miami Herald.
Genting has agreed to spend $16 million upgrading the bus stop near Northeast 14th Street, including adding an air-conditioned shelter and turning over a side street it partially controls. Genting can start building above the station when it turns over to a $10 million fee to Miami-Dade.
Martinez and other commissioners lauded the plan because Genting would provide a dramatic upgrade to the busy bus depot, and take over maintenance expenses for that facility and the nearby Omni.
Genting was the only developer to bid on the land when Miami-Dade asked for offers about two years ago.
In 2011, Genting paid $236 million for nearby waterfront land formerly owned by the Miami Herald and $185 million for the adjoining Omni retail and hotel complex. The company then announced plans to bring a 5,000-room casino/resort to the area. However, efforts to secure revisions of the Florida law to pursue those plans, including bringing a casino to the Omni complex, have thus far been unsuccessful.