Genting Group's $3 Billion Resorts World Miami Includes Public Land
"If they paid $236 million for the Herald land and $205 million for the Omni Center, it's only fair they pay the same amount per square foot for public land," Carollo notes.
A Genting executive disputed Carollo's claim, noting the company only plans to reconfigure some roads and public transportation facilities. Resorts World Miami Senior Vice-President Christian Goode explains Genting "is prepared to provide capital required to realign the Metromover path" and also "provide capital for improving the Omni Metromover station." He added: "No public land is included in the project's master plan."
But renderings of the $3 billion planned resort show the company will be doing more than realigning Metromover and improving the Omni station.
Genting better come up with the big bucks to pay the county for prime property located between North Bayshore Drive and Biscayne Boulevard. As Carollo insists, it's only fair.
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