An anonymous developer told the Herald that he “was shown” the Resorts World Miami site recently.
Genting, the owner of the site, denied that they have shown the property to a potential buyer. The company has been actively lobbying for a casino license, but hasn’t submitted any development plans to the city for at least two years.
It seems unlikely that any local developers are big enough to consider a deal for all of Genting’s property. The company owns:
- Former Herald property (paid $236 million in 2011)
- Omni property (bought notes on property with a face value of $206 million in 2011)
- Property on west side of Biscayne Boulevard, including Checkers Restuarant
