$12B Wynn NYC Casino and Resort Renderings Unveiled

New images have been released for the upcoming $12 billion Wynn casino and resort planned for New York City.

Wynn Resorts and Related Companies have unveiled their design for the Wynn New York City project on the West Side of Manhattan. The plan includes a casino, a hotel, and additional buildings, and the companies are currently seeking a gaming license in New York.

Details of the Project

The project covers a 13-acre area from 30th to 33rd Streets and between 11th and 12th Avenues. The proposal outlines the development plans for this space.

• An 80-story tower with the casino and hotel
• Office spaces and homes in other buildings
• A public school with 750 seats
• Daycare and community center
• A park that is 5.6 acres
• Direct access to Javits Center and Hudson Yards' High Line

Hudson Yards West is a new development expected to employ 35,000 workers for its construction. Once built, the casino resort will provide 5,000 permanent jobs.

Bidding for Casino Licenses

New York is handing out three casino licenses for that region. The decision will come at the end of this year or start of 2024. Several companies want these licenses and are adding features like parks, homes, and meeting areas to their proposals to stand out. A local panel will review these proposals first, then the New York Gaming Facility Location Board will pick the final winners.

Benefits to the Community

Jeff Blau, who runs Related Companies, said that their Hudson Yards project has already been a big help to New York's economy, and they plan to help even more with their next idea. Craig Billings, the head of Wynn Resorts, added that their customers spend more than those at other casinos, which should mean more money and tax income for the city.

More Details to Come

Wynn and Related are going to provide details about their new venture soon. They'll reveal the number of hotel rooms and residences they plan to construct, the size of the casino, and their strategy for managing traffic.

Competition and Costs

Caesars Entertainment and MGM Resorts, two large companies, also want a license. They have plans for New York and nearby areas. The license fee is expensive, at $500 million.

For more detailed information on the gaming license process and the economic impact of such projects, you can visit the official New York State Gaming Commission website at New York State Gaming Commission.

Wynn plans to transform Manhattan's West Side with a new building project. If they receive the necessary gaming license, this project will become a significant new spot for visitors in the area.