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Resorts World NYC Launches Phase Two of $5.5B Project
Resorts World New York City broke ground on Phase Two of its $5.5-billion resort less than three months after the property’s grand opening and a day after unveiling 1,400 new slot machines. The expansion will add two million square feet of new gaming, entertainment, dining, retail and convention space to the existing one-million-square-foot property.
“In less than three months after opening our doors as the first casino in New York City’s history, we are already moving towards a day when the city will have a first-of-its-kind integrated resort,” said Tan Sri Lim Kok Thay, executive chairman of the Genting Group. “Not only are we keeping every commitment we made in our proposal to the state, but we are running well ahead of schedule in starting to build outside of our existing building.”
Elements of Phase Two that will get started after today’s groundbreaking include the development of an additional 400-key hotel to add onto the current Hyatt Regency; the Kenny “The Jet” Sports and Media Complex, which will open three years earlier than initially pledged; a 1,700-seat multi-purpose room; 1,200 additional hotel rooms under the Crcokfords brand; a central plaza; and a parking garage.
- ◦Development
