Is Genting Flipping Former Miami Herald Land?

 Genting World Resorts Miami Site

Genting World Resorts Miami Site

The Miami Herald is speculating that the Genting Group might be looking to flip the 14 acres of land they purchased in 2011 for $236 million and even had a potential buyer look at the site.

When the site was purchased, Genting planned to build a mega resort on the edge of Biscayne Bay that would also include a casino. Included in the purchase of the land was the former Miami Herald Building, which took almost a year to completely tear down

There was even discussion in 2014 with The Related Group to partner on a project, but plans never came to fruition.

The only activity on the site is the renovation of the historic Boulevard Shops on Biscayne Boulevard.