Built in 1963, the Miami Herald Building started to be demolished in April 2014 after being purchased by Genting Groupfor $236 million in 2011 before being completely torn down in March 2015.
Since that time, Genting had plans to built a mega resort with hotels, condos and a casino and at one point there was talk that they would try and sell the land. A 36 story hotel with 300 rooms was approved in April 2017, at the current bus terminal, but activity has not started on that.
Since the Miami Herald Building next to Biscayne Bay has been torn down, the site has sat vacant aside from Art Basel events every year in December.
