Genting, the Malaysian casino giant, has asked the Federal Aviation Administration to reapprove plans to build three 649 foot towers at the former Miami Herald complex on the bayfront, where Genting had hoped to develop a destination casino. The FAA approved the towers in 2013 but that approval expired on January 10, according to federal records.
Genting purchased the property for $236 million in 2011. The company does not expect to build the towers in the near future, since it has an arrangement with Art Miami, the city’s major art fair, to set up its tent on the Genting site for the next few years, a spokesperson said.
