Saturday, December 17, 2011

MGM could build Miami hotel



The Bellagio in Las Vegas
MGM Resorts International may build a hotel in Miami even if the proposed casino legislation does not pass, according to CEO Jim Murren, the Miami Herald reported. But the executive said he wouldn't plan a large project like the one proposed by Genting, and whatever is built in Miami needs to be in conformity with community demand. "Florida doesn't want Las Vegas and they're absolutely right," he said. "To take a Las Vegas program and drop it into South Florida is a mistake. I think it would cannibalize existing business and cause tremendous traffic congestion." A potential MGM hotel in Miami would have between 300 and 500 rooms, he said, likely using the Bellagio or MGM brands, he said. [Miami Herald]

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