written and last updated by
Sam Smith at
29 May 2023
Journalist, Editorial Department
Related Companies has unveiled a revised plan for the development of the western section of Hudson Yards, a mixed-use residential and commercial district in Manhattan. CEO Jeff Blau announced that the $10 billion project will kick off with a "resort" tower spanning 279,000 square feet under the Wynn brand.
According to the plan, over 23,000 square feet of the new skyscraper will be dedicated to gaming operations, offering visitors poker, craps, blackjack, and roulette. The complex will also feature high-end retail shops, restaurants, and a 1,700-room hotel, aimed at addressing the accommodation needs of visitors to the nearby Javits Center.
Blau noted, "The Javits Center has just expanded, but it continues to lose out to other cities because it lacks a hotel." He emphasized that Wynn has extensive experience in hosting conference bookings and can significantly assist in organizing events from other cities. Regarding the project as a whole, he stated, "This will be one of the most incredible skyscrapers in New York City."
Wynn Resorts and Related Companies announced their plans to compete for one of three New York casino licenses in September of last year. The project's prospects appear strong, but Wynn still faces competition. In addition to the Hudson Yards proposal, other contenders include potential casino complexes in Coney Island, Times Square, and various other locations.
The next round of the casino selection process is expected to take place in July, where candidates will meet with state representatives before submitting their final proposals in the fall. The local Gaming Commission is anticipated to announce the winners by the end of 2023.
Notably, Caesars has revealed new details about its casino complex project in Times Square.
