Proposed $12 Billion Casino Complex in Hudson Yards
A $12 billion casino complex called Wynn New York City is proposed in Hudson Yards, Manhattan, featuring a 5.6-acre park and a casino skyscraper. The project aims to blend in with the High Line park and the waterfront, generating revenue and creating jobs, but faces opposition from some local communities and officials.
Key Points
- Blending in with the High Line park and waterfront
- Creation of a 5.6-acre green park
- Compliance with approved uses in the 2009 zoning plan for Hudson Yards
- Potential to create 35,000 unionized construction jobs and 5,000 permanent union careers
- State considering awarding up to three casino licenses in the downstate region
Pros
- Creation of tens of thousands of jobs
- Development of 1,500 housing units including affordable apartments
- Billions in revenue for the City and State
- Hudson Green, a 5.6-acre public green park
- Economic benefits for the neighborhood
Cons
- Local community boards and some elected officials have expressed misgivings about the project
- Opposition from State Sen. Jessica Ramos and other stakeholders
- Land-use issues and community opposition faced by other casino bidders