A few weeks ago we shared the news of south Florida being 10th in the nation for adding jobs and there seems to be more job creation on the way. Hopeful to receive permission to begin gambling operations at the Omni International Mall the Genting Group predicts that they can bring 5,000 jobs to Miami by fall 2012.
The Omni, which would be the first part of the proposed World Resorts Miami, is a 12-acre siteB which includes 650,000 square feet of shopping mall space, 350,000 square feet of office space, a 525-room Hilton hotel and a 2,300 space parking garage. Genting also has plans to create a 10 million square foot resort, entertainment and residential complex south of the Omni on land that is owned by the Miami Herald. The complex which could be complete by the fall of 2014 will cost $3 billionB and create 15,000 direct and indirect jobs during construction and another 30,000 once completed.
What are your thoughts on the amount of jobs that can be created by allowing gambling operations to take place in Miami, as well as the creation of World Resorts Miami?
Source: South Florida Business Journal
Tags: commercial real estate, Commercial Real Estate Trends, Miami-Dade County, South Florida commercial real estate, South Florida commercial real estate services
