Resorts World Proposes Hotel & Apartments Above Omni Bus Terminal

Resorts World has won preliminary approval to redevelop the Omni Metromover and bus terminal.

Miami-Dade issued an RFP for the 1-acre property, and received just one response.

Resorts World has preliminary plans for a 300-room hotel and residential serviced apartments above, but is not obligated to any one type of development by the lease. The company will also redevelop the ground floor with new transportation hub and retail.

Construction must begin within four years, a Dade transportation official has said, according to the Herald.

The lease runs for 90 years with an additional 25 year option, and is worth $55m over the life of the deal. County Commissioners will have a final vote on the lease in April.