PETALING JAYA (Sept 15, 2011): Genting Malaysia Bhd (GENM) has unveiled a mammoth US$3 billion (RM9.27 billion) master plan for its Resorts World Miami development in the US, which will feature iconic skyscrapers with designs inspired by a coral reef and will serve as the centrepiece of a new three-mile Baywalk that will activate the city's waterfront.
A casino will be included if Florida's legislature and governor approve the destination resort legislation.
The mega project will include four hotels with a total of 5,200 rooms and two residential towers featuring 1,000 units.
"Resorts World Miami will accelerate Florida's evolution as a global destination at the crossroads of the Americas. Our goal is to create Resorts World Miami as the most successful destination resort in the Americas," said GENM chairman and chief executive Tan Sri Lim Kok Thay in a filing with Bursa Malaysia Thursday.
On May 27, 2011, Bayfront 2011 Property LLC, a unit of GENM, had purchased 5.56ha of land in downtown Miami for US$236 million with plans to build a mixed development called Resorts World Miami.
The bayfront land, currently housing the Miami Herald Media Co, has the Omni Centre to its north, in which GENM has acquired all outstanding mortgages.
"GENM will be working with the property owner to fully control and operate the Omni Centre in the next few months. The Omni Centre includes 650,000 sq ft of shopping mall space, 350,000 sq ft of office space, a 525-room Hilton Hotel and 2,300 parking bays.
"Including the acquisition of other properties, GENM has assembled a contiguous 30-acre (12ha) waterfront site in the heart of Miami, overlooking Biscayne Bay," said GENM.
Under the master plan, the residential towers take on sculptural forms that change from every perspective. Each building is designed with outside balconies adorned with LED-lit exteriors, creating a jewel-like effect that will illuminate the Miami skyline.
The towers sit atop an eight-storey podium where guests can immerse themselves in a two-storey, 250,000 sq ft luxury retail galleria, more than 50 restaurants, lounges, bars and nightclubs, a high-tech multimedia entertainment area showcasing the music and culture of Florida and South America, and 700,000 sq ft of convention and meeting space which includes a 200,000 sq ft column-free ballroom, the largest in the US.
The resort will include a super-luxury hotel, a contemporary hotel, a convention hotel and a family hotel.
Each level of Resorts World Miami is designed with outdoor terraces. The podium's rooftop features a 1.44ha outdoor lagoon which is equivalent to 12 Olympic-sized swimming pools, and natural sand beaches. Each hotel will also have a private swimming pool.
Meanwhile, the three-mile Baywalk, from the Miami River to Margaret Pace Park, will link some of the attractions such as Bayfront Park, Bayside Market Place, American Airlines Arena, Museum Park, the Miami Art Museum currently under construction and the Omni Centre.
Miami-based architecture firm Arquitectonica is responsible for the master plan.
-theSundaily.
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