The proposal from Genting Group to build a US$3 billion casino resort will be voted by commissioners next week.
US.- Genting Group has been seeking the approval to build a US$3 billion casino in downtown Miami for quite some time. On April 18, the Miami-Dade County Board of County Commissioners will hold a vote to see if they approve the project.
Miami Today revealed that the project has the full support of the transportation committee, but it still needs a full vote in the commission. Last week, Deputy Mayor of Miami-Dade County Alina Hudak told the news outlet that the casino resort is set to create approximately 1900 jobs during construction and 180 full positions once it opens its doors to the public. “It will also stimulate the creation of 100 additional indirect jobs and provide significant revenue to the county and the city of Miami in the form of taxes and impact fees,” she added.
The Malaysian casino operator announced its plans to build the mega project in 2011. The construction of Resorts World Miami would cost approximately US$3 billion and the company would have to wait to start the construction phase even if it gets the approval from the FAA as one of the three towers is 649 foot: Art Miami, the city’s premier anchor fair, said that they’re planning on using the space in the next few years. Genting bought the property in 2011 for US$236 million.