A Genting spokeswoman denied any meeting took place.

It means that they understand the people in downtown dont want a big casino, speculated Miami Mayor Toms Regalado, who once presented Genting Chairman K.T. Since then, Assistant Director Luciana Gonzalez said a search of the departments files show no applications for building permits, marina or bay walk.

Details such as the asking price and the exact timing of the visit were unavailable. Similarly, a brief talk with soccer star David Beckham about a professional sports stadium at the site went nowhere.

We have not shown the property to a potential buyer, Melissa Rieder, marketing manager for Genting subsidiary Resorts World Bimini, wrote in a one-sentence email.

Rumored for years, the companys interest in selling the former site of the Miami Heralds headquarters was confirmed recently on condition of anonymity by a developer who said he was shown the property. When the company purchased the Herald property during the recession, the price gave some sticker shock, said Suzanne Hollander, a real estate broker and FIU professor. After signaling years ago that it intended to build a luxury complex without a casino, company representatives reached out to Miami condo king Jorge Perez in 2014 to talk about a partnership that never developed. Thats the bottom line.

In real estate, every property has a sale price even if its not for sale. In total, the developer owns about 30 acres, including the Omni Mall and several parcels next to the Miami-Dade School Board headquarters.

In actuality, its difficult to reach any conclusions on Gentings plans, given the companys secrecy and years of mixed messages. The meeting came after another failed attempt to change Floridas restrictive gambling laws during the states 2016 legislative session.. Meanwhile, Genting was among the interested parties last year when the county sought to partner with a developer to build out the space over the Omni bus station and attached Metromover station, and the company is in the midst of renovating the historic Boulevard Shops across from the Performing Arts Center.

It is, of course, possible that Genting isnt actively shopping the site, but rather open to offers in case they get a deal too good to turn down. Lim with a key to the city only to turn on casino plans. Itd make a whole lot of sense that they could make a profit on it.

Even now, Genting continues to be active in Tallahassee, where its Resorts World Miami affiliate is represented on matters of casino hotels by Ballard Partners, and in the city of Miami, where former congressman Lincoln Diaz-Balart registered to lobby for the company in January. As for building plans, Genting hasnt submitted any for the site since seeking comments on plans for an as-of-right project more than two years ago, according to the citys planning department. But now, with Miamis cooling real estate market still among the hottest in the country, Genting could still receive an offer that proves irresistible.

Unable to build the luxury Miami casino and resort envisioned five years ago when they dropped $236 million for 14 acres on Biscayne Bay, gaming giant Genting Group may indeed be actively seeking to flip the property.

We have not shown the property to a potential buyer Melissa Rieder, Genting subsidiary Resorts World Bimini

Despite the denial, the reported encounter suggests that Genting, among Miamis more secretive real estate players, is at the very least considering a sale of the centerpiece of the companys nearly $500 million portfolio. Maybe its not actively on the market, she said