News Summary
Resorts World New York City is embarking on a $5.5 billion expansion project that aims to convert a 73-acre site at Aqueduct in Queens into New York’s largest integrated resort. The plan includes thousands of slot machines, hotel rooms, and a large arena, projected to create up to 24,000 jobs and generate significant tax revenue. The project has received necessary land-use approvals and is supported by local leaders, with construction expected to commence following the acquisition of a gaming license. The ambitious expansion could significantly impact the local economy and tourism.
Queens, New York—Resorts World New York City is set to advance a $5.5 billion expansion plan that aims to transform Queens into the site of New York’s largest integrated resort. The ambitious project will convert a 73-acre site at Aqueduct into a massive 5.6 million-square-foot entertainment hub featuring a variety of attractions and amenities.
The expansion is projected to generate up to 24,000 jobs and contribute hundreds of millions of dollars in tax revenue for New York state. The proposed resort will encompass 6,000 slot machines, 800 gaming tables, 2,000 hotel rooms, a 7,000-seat arena, over 30 food and beverage outlets, and a spa, along with more than 12 acres of public green space.
All necessary land-use approvals for the development have been secured. Construction is expected to commence once the necessary gaming license is obtained. Since beginning operations at the Aqueduct site in 2010, Resorts World has aimed to create a robust entertainment destination within the borough.
Queens is currently the only borough with multiple viable casino proposals under consideration amidst a bidding process for three downstate casino licenses, which are set to be awarded by the state Gaming Commission by the end of 2025. The expansion follows a successful competition, resulting in the exclusion of rival bids.
Local leaders, including Queens State Senator Joe Addabbo and Queens Borough President Donovan Richards, have expressed the significance of the resort’s strategic location. Its proximity to John F. Kennedy International Airport and LaGuardia Airport is anticipated to keep tourists in Queens, rather than directing them towards Manhattan. Community outreach efforts, particularly through Community Advisory Committees (CACs), demonstrate local support for both the Resorts World proposal and the adjoining Metropolitan Park.
The Resorts World CAC is scheduled to vote on the expansion plan on September 25, while the Metropolitan Park CAC must arrange a vote by September 30. More local officials appear to support the Queens casino proposals, contrasting with earlier rejections of bids in Manhattan.
The extensive project, if completed, is expected to reshape the economic landscape of Queens significantly. Proponents argue that it could strengthen local tourism and hospitality sectors while boosting community businesses by retaining disposable income within the borough.
With construction plans underway and a favorable view among elected officials and community members, the Resorts World New York City expansion represents a pivotal moment for the economic potential of Queens. As the process unfolds, the borough could emerge as a prime entertainment destination in New York State.
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Author: STAFF HERE NEW YORK WRITER
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