The Real Deal Miami

Genting Malaysia taps Miami firm to design new mixed-use project

June 17, 2011 11:50AM

Genting Malaysia Berhad has chosen Miami-based Arquitectonica to design a $3 billion mixed-use project Resorts World Miami. Genting Group Chairman and CEO KT Lim announced the hire last night at an evening reception at Adrienne Arsht Center for the Performing Arts, according to the Miami Herald.

The reception was an effort by Malaysia-based Genting to assimilate into the local community three weeks after it bought 19.9 acres of waterfront property occupied by the Herald for $236 million, on which the resort will sit, the Herald said.

“I believe Miami is destined to become one of the greatest global cities in the world,” Lim said.

Genting said it hopes to eventually include a casino at Resorts World, although Florida law currently forbids it.

“There’s no greater honor than to do something in your hometown of this great importance,” said Arquitectonica Co-founder Bernardo Fort-Brescia. “This is bound to be one of the greatest economic drivers of our history. It will change the tourism, entertainment and real estate picture of our city.” [Miami Herald]