Genting has announced that it will accelerate development of a project at the former Omni.
According to a statement yesterday, the company said it will maintain ownership of around 10 acres at the Omni, even as it sells off the former Miami Herald property.
“With our focus now locked in on 10 acres of prime real estate, we look forward to accelerating the process of outlining a project, putting shovels in the ground and getting a project built that all South Floridians can be proud of,” said Robert DeSalvio, President, Genting Americas East.
“South Florida’s popularity only continues to grow, and we are incredibly optimistic about our opportunity to bring a unique development to the area,” DeSalvio added.
The property includes the Hilton hotel (formerly the Omni hotel), along with an attached shopping mall and parking garage.
Record show that a partial demolition permit was applied for at 1701 Biscayne Boulevard on November 2.
According to the permit application, partial demolition of 243,994 square feet is planned, at an estimated cost of $600,000.
As of this morning, the demolition plans had not yet been submitted, so review of the permit was not underway.