When it comes to gambling, a particular city is on the front of the majority of American’s minds: Las Vegas. That’s going to change. The world’s biggest casino is slated for construction in Miami. With a price tag of $3 billion and more than 10 million square feet, the Genting Resorts World Miami really is a whopper of an edifice. Home owners and apartment renters through the entire city have got a love-hate relationship with the proposition. While the casino might make Miami a more interesting location to live in a number of ways, the negative effects should also be accounted for to keep Miami a desirable place to live.

Love

• The casino will boast in excess of 1,000 condos, creating new Miami apartments in the area. Over 50 restaurants, 60 luxurious shops, along with a huge marketplace provides residents with additional shopping as well as dining facilities.
• Each one of the casino’s lodges, stores, and restaurants will provide jobs for the local community, which is a vital asset in today’s economy.
• The resort will contain at least 800,000 square feet of casino space, making it two times as large as the world’s existing largest casino, Venetian Macao in China. This is certain to draw international attention to the city, inviting tourists as well as adding to the city’s diverse atmosphere.
• Bringing money into a city is always a wise idea, particularly if it is done without the need of taxing the current residents!

Hate

• With new attractions come a whole new influx of traffic, as if getting around Miami wasn’t difficult enough already. The casino is going to be located downtown, making a new source of evening traffic jams. Homeowners and apartment renters may experience lengthier commute times.
• Polls reveal that Miami citizens are mostly against gambling development. Only 20% of interviewed Floridians really want gambling operations to expand. Those looking for apartments for rent in Miami will be likely to look somewhere else and away from the casino crowd.
• Groups like No Casinos definitely disapprove of building even more casinos. Such groups generally suggest that casinos decrease the quality of neighborhoods along with the quality of life for inhabitants.

Tags: Apartment Renters, Apartments For Rent, apartments for rent in Miami, Casino Space, Commute Times, Desirable Place, Edifice, Entire City, Floridians, Genting, Influx, International Attention, Miami apartments, Price Tag, Square Feet, Traffic Jams, Venetian Macao, Vital Asset, Whopper, Wise Idea, World Miami

by PokerWriter on January 28th, 2012 | RSS | trackback