REAL ESTATE

FAA gives ok to Genting’s plan for three towers

 

Genting has won federal approval to build three 642-foot towers on the site of the former Miami Herald headquarters.

The Federal Aviation Administration’s approval, first reported by the ExMiami real estate blog, moves the Malaysian company closer to being able to start development at the site. Genting executives have said in previous statements that they will build three towers there to the maximum height the FAA allows. The FAA documents list the tower as 642 feet above ground level, and 649 feet above sea level. Genting is in the process of pursuing a building permit with Miami for the construction of the towers. Genting said it expects to fully demolish the old Herald building by the fall of 2014.

DOUGLAS HANKS

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