Wynn Resorts unveil renderings of massive $12B NYC casino complex

Wynn Resorts has released renderings of the $12 billion mega-complex the casino giant plans to build at the former LIRR train graveyard Hudson Yards on Manhattan’s West Side.

The ambitious proposal, created by an affiliate of the real estate giant, would include an 80-story tower overlooking the Hudson River and feature a gaming facility and hotel. Office buildings, condominium towers, and his expansive 5.6-acre park surround the glittering casino skyscraper.

Tourists walking along the High Line, an elevated railroad that has been turned into a public park, will pass directly past the huge resort between West 30th and 33rd Streets and 11th and 12th Streets. may enter.

Wynn Resorts has released renderings of its upcoming casino complex at Manhattan’s Hudson Yards. Affiliates and Wynn Resorts

Viewed from the Hudson River, the design features gleaming office buildings and residential towers to the right of the casino resort tower. The project also includes a 750-seat public school, community facilities and a day care center.

Hudson Yards West, which also has a partnership with Oxford Property Group, will provide 35,000 union construction jobs and 5,000 permanent jobs at the resort, planners claim. There is.

The hotel will become an essential destination for visitors attending events at the adjacent Javits Center, project proponents argue, and the development has the potential to boost New York’s tourism and economic development. It is claimed that there is.

“Hudson Yards is a unique addition to New York’s economy, first through tens of thousands of construction jobs and now as home to some of the world’s largest corporations, retail and residential properties,” said Jeff Blau, CEO of Related Companies. “It has already been proven that there is no catalyst.”

The proposal was prepared by an affiliated company. Affiliates and Wynn Resorts

“Moving forward with the second phase of development is a tremendous opportunity to double the impact and provide generational benefits for the state, the city, and especially our Westside neighbors.”

Blau added, “We look forward to partnering with Wynn Resorts to finalize their vision for this district and unveiling the full project plan as part of the New York State filing.”

“Wynn New York City, as the world’s leading designer, developer and operator of luxury gaming resorts, welcomes luxury and ambitious travelers to Hudson Yards,” said Craig Billings, CEO of Wynn Resorts. destination resorts.”

The complex includes an 80-story tower overlooking the Hudson River. Affiliates and Wynn Resorts

“Wynn guests consistently spend more when they travel. This results in lower foot traffic compared to other resorts, increased tax revenue for cities and states, and increased spending in local communities.” Masu.”

A price tag for the project has not been disclosed, but it was previously reported that the massive complex could cost up to $12 billion, including the cost of building it on top of a rail yard. .

The state is considering granting up to three casino licenses in the lower state, including New York City, Long Island and the northern suburbs. The successful bidder must pay a license fee of at least $500 million for the privilege of operating the casino.

The complex will be surrounded by office buildings, apartments and a 5.6-acre park. Affiliates and Wynn Resorts

There is fierce competition for the coveted casino licenses.

In Queens, New York Mets owner Steve Cohen plans to build a sprawling $8 billion arcade, hotel and music venue near Citi Field that he has dubbed “Metropolitan Park.” is proposed.

The grounds surrounding the proposed gaming facility include Flushing Corona Park, the U.S. Open Tennis Center, and the New York City Football Club’s soccer stadium. Mayor Eric Adams supports Cohen’s Flushing project.

The owners of Resorts World New York City’s slot parlor at Aqueduct Racetrack in South Ozone Park, just a short distance from Flushing, recently announced that they expect to receive a license to offer table games. announced a $5 billion expansion of the facility. Concert hall with seats.

Hudson Yards West will provide 35,000 union construction jobs and 5,000 full-time jobs within the resort. Affiliates and Wynn Resorts

Management company Genting already operates a hotel on the site and has a 10-year history in Queens.

Other developers and casino operators have joined forces on proposals to build casinos in Times Square, Coney Island and possibly Ferry Point in the Bronx, with gaming operator Bally’s recently taking over a golf course from the Trump Organization. is.

Yonkers Racetrack’s Empire Resorts MGM is also seeking a license to offer table games, similar to Genting.

The biggest challenge for Hudson Yards developers may be gaining political and community support. Former Mayor Bloomberg’s proposed West Side Olympic Stadium and other projects have stalled due to fierce opposition from local residents.

State Sen. Brad Hoylman, who represents the Hudson Yards area, said he wants to see if the proposal aligns with the original vision for the site, which dates back to 2009.

The new development proposes three buildings instead of six, with more adjacent park space, development officials said. In addition to gaining support from the state, the plan must go through a lengthy land-use review process and be approved by city officials.