The Real Deal Miami

Genting tears down ex-Herald facade, adjacent garage

October 11, 2013 11:00AM

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From left, former Herald headquarters and old Genting renderings for the site

From left: Former Miami Herald headquarters and earlier Genting renderings for the site

The Malaysia-based Genting Group has torn down the entrance to the former Miami Herald building and a two-story parking garage next door as they prep to build their mixed-use mega-development set for the site.

Genting plans a five-star hotel, luxury condos, restaurants, retail and an 800-foot promenade along 14 bayfront acres. The initial proposal called for an $3.8 billion casino, but that has been significantly scaled back. State legislators have yet to grant Genting a gambling license for Downtown Miami, according to the South Florida Business Journal.

Last month, Genting moved into the Omni Offices building at 1501 Biscayne Boulevard next door to the construction site, as previously reported.

Genting paid $236 million for the former Herald site. The newspaper moved from its former downtown location to Doral in May. [South Florida Business Journal]Mark Maurer

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