Posts tagged with "Convention space"

Above, the project will include four- and five-star hotel rooms, entertainment venues, and a casino. (Photo source: Las Vegas Sands)

Las Vegas Sands plans $4B casino development on Long Island, New York

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:

  • Restaurants,
  • Ballrooms,
  • 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

Plans for the Hall of Fame Village are ambitious, (Photo source: NFL)

The ‘Disneyland’ of football: NFL owners to invest $10M in Hall of Fame Village in Canton, Ohio

Leave a reply

October 22, 2019

The NFL will invest up to $10 million in a mixed-use development adjoining the Pro Football Hall of Fame in Canton, Ohio.

The league’s owners voted in favor of the investment in the Johnson Controls Hall of Fame Village—located in a 200-acre tourism development district—at their fall meeting this week, the Canton Repository reported.

This would mark the NFL’s first investment in the project—although former New Orleans Saints owner Tom Benson gave $11 million before his death in March 2018 at age 90, according to the report. A 23,000-seat stadium, which is part of the village and is used for local games and a concert venue, was built during the project’s $250-million first phase and was named after him.

The second phase of construction is estimated at $268 million and will include two hotels, more youth fields, a field house with convention space, an office building, retail space, and an indoor water park.

The company behind the development, HOF Village LLC, announced in September that it was merging with publicly traded Gordon Pointe Acquisition to create a publicly traded company, pay down the village’s debt, and allow the new company to start with cash on hand, in a deal the companies valued at $390 million.

Mike Crawford, the CEO of HOF Village and the combined company, told Fox Business News they’re making “the equivalent of the ‘Disneyland’ of professional football.”

 “We are leveraging a multi-dimensional approach to engage consumers by providing authentic storytelling through our media arm while bringing those stories to life in an immersive 3D environment unlike any other,” he said.

Research contact: @FoxNews