Summary
- The plan includes two large skyscrapers.
- The casino will be Wynn-branded and include three million square feet.
- A hotel room is also included in the plans with 1,700 rooms.
Related Companies is one of the entities in the running to get a licence in New York City casino. The area only has three up for grabs and two may already be spoken for.
This leaves a single license that major companies are competing for. Related Companies has decided to reveal a revised proposal to The Post, providing insight into what it plans on creating. The $10 billion project would include a massive Wynn Casino and large hotel.
Details of the New Plan
CEO Jeff Blau has provided details on the new casino plan. The development will take place in the western half of Hudson Yards and will include a Wynn Casino. The gaming floor will be huge, offering three million square feet of gaming space. There will also be a resort tower located on-site featuring a 1,700 guest room hotel. The hotel will offer lodging for the casino but can also be used for travelers attending events at the Javits Center.
The casino will include slots, table games, poker and roulette, among many other options. The table game section alone will offer 250,000 square feet of gaming space. There will be shops in the tall skyscrapers as well as luxury restaurants and shops.
On top of the resort option, the project will also include an office tower. This section will have two million square feet of space. Related also has plans to add a public school for the area and a rental apartment tower.
Other Competitors in the Running
The plan by Related Companies will bring a large casino to the area as well as many additional options that will serve the community well. But is it enough to be selected for a license? There are several big names in the running that are stiff competition.
Bally’s would like to create a casino on a golf course owned by Donald Trump, but issues have arisen regarding leasing the land.
Bally’s is continuing its effort by trying to find a new location. Steve Cohen, the owner of the New York Mets, is also interested and wants to bring a casino near Citi Field. However, his plan was cut short by a local politician.
Additional entities want to bring a casino to Times Square and Coney Island. It will be interesting to see as the months go by if a brand is selected and who will be the newest casino operator for New York City.
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