Miami-Dade defers legislation on Genting Omni Bus hotel development

Apr 6, 2017 9:52 AM

In South Florida, Miami-Dade County commissioners deferred legislation this week to approve a joint development at the county’s Omni Bus terminal. Malaysian casino giant Genting hopes to build a 300-room hotel development that could include a casino over the bus terminal. The resolution is now to be discussed at the next commission meeting April 18.

The development contract would include air rights over the real property. Awarding the contract would bring the county $54.85 million over the initial 90-year term of the lease, reports the Miami Herald.

On March 23 Miami-Dade’s Transportation and Public Works Committee unanimously approved the concept from the Genting subsidiary Resorts World Miami LLC and forwarded it to the full commission.

The proposed project, which includes other nearby improvements to existing buildings, during construction, is forecast to create 1,871 jobs and, once completed, 171 direct jobs.