Malaysia-based conglomerate Genting Group has received preliminary approval from the transportation committee of the Miami-Dade County Commission for the development of a new 300 room hotel. The new scheme will be located on the site of a county bus terminal in Miami’s Omni district. The commission voted unanimously to lease the public property to Genting for 90 years. The full county commission will decide whether to approve the 90-year lease in April. In addition to redeveloping the bus terminal and renovating the Metromover station, Genting would build its proposed hotel over the ground-level terminal. If market conditions change, the firm would be allowed to build a residential building instead of the hotel.
