in may 2011, the paper announced it had sold of biscayne bayfront land surrounding its headquarters in the arts & entertainment district of downtown miami for $236million, to a malaysian resort developer, genting malaysia berhad. mcclatchy announced that the "herald" and "el nuevo herald" would be moving to another location by 2013. in may 2013, the paper moved to a new building in suburban doral. the old building was demolished in 2014.