Genting's Resorts World Miami Gets Criticized: Florida Should Not Bite the Foreign Hand That Is Feeding Miami's Economic Recovery

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Genting Malaysia has closed many of its land deals and debuted its plan for Resorts World Miami, a new $3 billion mega-resort located in downtown Miami (part of it in the old Miami Herald building, part in the Omni) with news that it's moving fast: Genting developers see doors opening as soon as next year for the hotels, condos, restaurants and other amenities.

We're already posted about Resorts World Miami and what it means to Miami. It offers a unique opportunity for South Florida's renewal, and signals economic recovery - even a new prosperity for our community.

After all, Genting won't be a development in a vacuum: other symbiotic and even parasitic developments will be popping up around Resorts World Miami. That's a given. (To check out the details surrounding Resorts World Miami, check out Genting's new website on the planned development.)

Please see full article below for more information.

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Published In: Finance & Banking Updates, Commercial Real Estate Updates, Zoning, Planning & Land Use Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Rosa Eckstein Schechter, Eckstein Schechter Law | Attorney Advertising

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