Genting gets go-ahead to wreck former Herald site

The Malaysian gaming giant plans a mixed-use complex on the nearly 14 acres of bayfront

TRD MIAMI /
Aug.August 07, 2013 12:00 PM

The Genting Group, the Malaysian gaming company that purchased the Miami Herald site, has received a permit to demolish the media company’s former headquarters, the Herald reported.

The demolition of the iconic white-and-yellow structure on Biscayne Bay is set to take place by the end of the year, the Herald reported, citing a statement released by Bill Thompson, senior vice president of development for Resorts World Miami, a Genting Group subsidiary.

Genting’s initial $3.8 billion casino project has been significantly scaled back, according to plans revealed in March. The company now plans a mixed-use complex with a five-star hotel, luxury condos, restaurants, retail and a 800-foot promenade along Biscayne Bay, the Herald said.

Genting paid $236 million for the former Herald site, which includes almost 14 bayfront acres.

The Herald moved from its former downtown location to Doral in May. [Miami Herald]Emily Schmall


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