Related Cos. and Wynn Resorts unveiled renderings for their proposed Hudson Yards casino resort on the far west side of Manhattan as competition for a shot at New York’s high-stakes gaming licenses heats up.
The complex, proposed for the entire western half of Hudson Yards, the largest U.S. private real estate development, includes a 5.6-acre park, similar in size to Manhattan's popular Bryant Park, and a luxury hotel and gaming tower with restaurants and bars, Related, in partnership with Wynn and Oxford Properties, said Wednesday in a statement.
Plans also call for a residential building that includes affordable housing and a top-tier commercial office building, which is slated to have a 750-seat public school, day care and community center.
The development, called Hudson Yards West, is slated to be built on a platform above an empty rail yard between West 30th and West 33rd streets, and 11th and 12th avenues, according to the companies.
“Hudson Yards has already proven to be an unparalleled catalyst for the New York economy, first through tens of thousands of construction jobs and now as home to the world’s leading companies, retail and housing,” Related CEO Jeff Blau said in the statement, adding that the second phase of its development would “double the impact and provide generational benefits to the state, city, and especially our West Side neighbors.”
The proposal isn’t the one touting potential benefits. It’s one among a slew of other heavyweight developers and casinos that are jostling for one of up to three downstate casino licenses that New York state is expected to issue.
For instance, Silverstein Properties plans to develop the Avenir, a hotel, casino, entertainment and residential complex spanning 1.8 million square feet near Hudson Yards.
SL Green Realty, Manhattan’s largest office landlord, and Caesars Entertainment have partnered in a Times Square casino bid. The Soloviev Group, known for projects such as New York’s iconic 9 W. 57th St. office tower overlooking Central Park, has partnered with casino operator Mohegan in proposing a mixed-use casino resort south of the United Nations headquarters. It has added affordable housing units to boost its odds at a site that it’s billed as the largest undeveloped lot in Manhattan.
Outside of Manhattan, Resorts World New York City, billed as the city’s first and only casino-hotel at Aqueduct Racetrack in Queens, recently upped its game in a $5 billion expansion plan to vie for one of New York’s high-stakes casino gaming licenses.
Developer Thor Equities has unveiled a $3 billion-plus casino, hotel and entertainment proposal for Coney Island.
The Mets owner, Steven Cohen, is said to be eyeing a casino license in Queens near Citi Field as New York is set to build its first professional soccer-specific stadium in the borough as part of a megadevelopment.