March 29, 2023
The Las Vegas Sands, a Paradise, Nevada-based casino and resort company, announced plans to develop a multi-billion-dollar flagship hospitality, entertainment and casino project on Long Island, New York, reports Hotel Dive.
The transaction, which still requires certain approvals, would grant the resort company control of up to 80 acres in Nassau County, New York. The $4 billion Long Island development would include outdoor community spaces, four- and five-star hotel rooms, a live performance venue, convention space and a casino, Newsday first reported.
Other features of the planned site, which is currently home to the Nassau Veterans Memorial Coliseum, will comprise:
- A day spa,
- A swimming pool, and
- A health club.
And the perks won’t be just for guests: The Las Vegas Sands plans to partner with trade schools, community colleges, and local universities to offer a wide range of training programs and professional advancement opportunities for laborers on the project.
Robert Goldstein, the company’s chairman and CEO, expects the project to generate thousands of union jobs in both construction and operations. He added that the development will use “cutting-edge sustainable building and operating practices” and will seek guidance from Long Island’s environmental leaders on “its ambition to achieve LEED certification and its goal of being the greenest building on Long Island,” according to a press release.
The company brought in former New York Governor David A. Paterson in 2019 to assist with the development timeline, reported The Nevada Independent. He recently spoke in December at the joint meeting of the Nassau Council of Chambers of Commerce and the Suffolk County Alliance of Chambers to present the plan for the Long Island site, according to World Casino News.
“[Las Vegas Sands’ track record] gives us a unique perspective on what it takes to develop transformative tourism destinations that positively impact the local community,” said Goldstein. “Based on that experience, we strongly believe Long Island can be home to one of the region’s great entertainment and hospitality developments.”
Research contact: @HotelDive