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Casino

Tourism in New York sees surge in construction of casino-hotel projects for three licenses, says REPORTUR

Thursday 23 de March 2023 / 12:00

2 minutos de lectura

(New York). -The countdown begins in New York to choose three of the seven mega luxury hotel casino projects that have passed their licensing bids. All the developers are proposing multi-million dollar projects, which include a range of leisure and entertainment services beyond casinos, among which luxury hotels stand out.

Tourism in New York sees surge in construction of casino-hotel projects for three licenses, says REPORTUR

Formal offers will be submitted in the coming months and final selections are expected to be made by the end of the year. You can learn about the seven megaprojects here:

1. Times Square. SL Green Realty Corp., the city's largest commercial landlord, and Caesars Entertainment partnered to convert the SL Green building at 1515 Broadway, a 54-story office tower with a theater, into a hotel, casino, and entertainment complex. entertainment.

The plan calls for an 800-room hotel, 250,000 square feet of gaming space and a host of leisure and entertainment options. Caesars Palace Times Square would reportedly occupy the bottom eight floors of the building, while the hotel would complement the casino and occupy the upper floors.

2. Hudson Yards. Related Companies and Wynn Resorts have announced a partnership to obtain a downstate gaming license at Hudson Yards that includes a luxury casino, a 1,500-room hotel, 20 restaurants, a nightclub and other entertainment venues.

3. Center East. The Soloviev Group, in partnership with casino operator Mohegan, proposes a mixed-use complex with casino, hotel, museum and housing in a solar void near the United Nations cession.

The complex dubbed Liberty Place will be proposed with 1,000 hotel rooms, residential towers (some for low-income renters), a museum of democracy, a Ferris wheel and a casino. Soloviev's plans include displaying about 20 12-foot-tall slabs of the Berlin Wall to create a tourist destination.

4. Fifth Avenue. Hudson's Bay Co., owner of the Saks Fifth Avenue department store chain, has announced plans to convert the top three floors of its flagship store, across the street from the famous St. Patrick's Cathedral, into a casino. luxury.

The developers estimate the project could take a year to complete, substantially faster than some of the other larger projects being proposed.

5 long island. Las Vegas Sands, in collaboration with developer RXR Realty, is planning a $5 billion (€4.6B) project for a plot around the Nassau Veterans Memorial Coliseum in Uniondale, about an hour and a half drive from downtown Las Vegas. Manhattan.

Its objective is to develop spaces for conventions, hotels and a new entertainment venue. According to Las Vegas Sands, the casino will only account for 10% of the project's footprint.

The development must be approved by the Nassau County Legislature because the land is publicly owned.

6. Queens. Steve Cohen, the owner of the Mets, is considering a mixed-use complex with a casino on publicly owned land, most of which is currently used as parking.

Cohen has been in talks with Hard Rock to develop a casino on the Willets Point site, near the proposed site for a new soccer stadium being built by Related Cos. and Sterling Equities.

7.Brooklyn. Thor Equities has partnered with Saratoga Casino Holdings, Chickasaw Nation and Legends to develop a new roller coaster, hotels and museums near Coney Island's famous boardwalk and Wonder Wheel.

The location is about an hour by train from midtown Manhattan, and is an area that has historically acquired seasonal entertainment with limited hotel capacity.

Categoría:Casino

Tags: Sin tags

País: United States

Región: North America

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