Aug 24, 2012 Joe Kleiman Uncategorized Comments Off on MGM Resorts Announces Plans to Revitalize Tornado Damaged Downtown Springfield, Mass
Springfield, MA, USA /PRNewswire/ — MGM Resorts International’s Chairman and CEOJim Murren has unveiled plans to develop an $800 million world-class dining, retail and entertainment district on about 10 acres of land heavily damaged by the June 2011 tornado in Downtown Springfield.
MGM’s Springfield plan envisions a revived Main Street area with people walking along vibrant tree-lined streets overflowing with restaurant choices, a variety of shopping options for everyone in the family, an outdoor stage, movie theaters, a casino and hotel that all respect and feed off of the area’s existing iconic architecture. The concept for a central downtown retail and entertainment district also includes a pedestrian bridge between the MGM project and the MassMutual Center.
The announcement came as MGM submitted its $400,000 application fee to the Massachusetts Gaming Commission (MGC). The non-refundable application fee will go to both the Commonwealth of Massachusetts and the City of Springfield to fund the vetting and negotiating process that MGM hopes will result in a world-class destination resort in Springfield.
While the new Massachusetts gaming law does not require that the application fee be submitted until later this year when the first MGC filing is due, MGM issued its check early, along with its certification of intent to apply, as a good faith sign of MGM’s commitment to Springfield.
Murren said, “We believe this is a significant demonstration of our desire to partner with Springfield and it gives the MGC and the city the resources they need to move forward during this groundbreaking phase for a new industry in Massachusetts.”
The MGM Springfield project would be developed on three city blocks located just 200 feet off Interstate 91, a popular North/South connector running from Connecticut to Vermont, only a few miles from the Massachusetts Turnpike. The blocks, where the devastation from last year’s tornado is still visible today, run between Union and State streets, and Columbus Avenue and Main Street. MGM controls several land parcels in the proposed development area, with many others under contract.
MGM Springfield would create thousands of permanent direct jobs as well as more than 2,000 construction-related jobs and thousands of additional indirect jobs. MGM Springfield would generate millions in annual tax revenues.
Murren said, “Ours is a vision rooted in partnerships that would increase tourism by elevating the level of dining, retail and entertainment not only within the MGM project area but hopefully opening onto Main Street, throughout Downtown Springfield and into the rest of this great city.”
Springfield, the region’s cultural epicenter on the Connecticut River, is home to world-class museums, the Basketball Hall of Fame, the Springfield Symphony, the MassMutual Center and several well-known academic institutions.
Murren announced MGM’s vision for an economic revival of Downtown Springfield at the MassMutual Center before a group of elected officials and civic, business and community leaders. The group also heard from Bill Hornbuckle, President MGM Springfield and MGM Resorts Chief Marketing Officer, before a lunch that included informal conversations with guests and members of MGM’s executive team.
The more than half-million square foot mixed-used development project would include a 25-story 250-room hotel with world-class amenities including a spa, pool and roof deck; 89,000 square feet of gaming space; about 70,000 square feet of retail and restaurant space that would accommodate 15 shops and restaurants; and a multi-level parking garage.
Plans also envision an approximately 130,000 square-foot dining, retail and entertainment district, tentatively named Armory Square, and directly accessible from the garage parking. It would include about 25 dining and retail venues including a 12-screen cinema, bowling alley and outdoor stage, to be developed by Davenport Properties of Boston, MA, in partnership with MGM on land now occupied by the tornado-ravaged South End Community Center and Howard Street School. MGM in conjunction with Davenport hopes to be the successful bidder for those parcels when the city auctions them later this year.
Market Rate Rentals
MGM Springfield would also include 40,000 square feet of market-rate one and two bedroom apartments, new homes for the young professionals working in a revived downtown entertainment district.
Local Cultural Institutions
The pedestrian bridge between MGM Springfield and the MassMutual Center, at the corner of State and Main streets, is a direct-link concept that would allow visitors to easily use the MGM Springfield garage for events at the MMC. No indoor entertainment area is planned; instead MGM plans to partner with existing facilities such as the MassMutual Center, Symphony Hall, City Stage and local museums, to help drive traffic to these facilities to support current and cultivate increased tourism in the local economy. MGM’s vision is to jump start a new era of economic development in Springfield that will flow from the project out onto Main Street and into all parts of the downtown and city economy.
With immediate highway access from Interstate 91, the proposed site is perfectly located to avoid downtown transportation problems. The development calls for strategically located public parking in a covered garage no more than 200 feet from the highway.
Plans also envision a trolley service that would link the entertainment district to key downtown locations including Union Station and the many popular cultural facilities. MGM officials have had preliminary conversations with the Pioneer Valley Transit Authority regarding the creation of such a trolley system.
Community Meetings, New Office to Come
Murren, Hornbuckle and other members of the MGM executive team have been meeting with city officials, as well as community and business leaders. Last night, MGM hosted a neighborhood dinner to share the project vision and pledge its commitment to the proposed development and revitalization of the area. More meetings with local leaders are planned.
Hornbuckle said the company will soon open a downtown office so people can stop by to share information and thoughts as the community process gets under way. Community involvement is a key priority in every MGM development, he added, and essential to creating a successful, world-class retail and entertainment destination.
MGM has launched a website for MGM Springfield. The website, www.mgmspringfield.com, was developed as a resource for local residents to learn more about the proposed project. The site features information and maps highlighting the proposed development area in Springfield, along with MGM company information, press releases, a Springfield “frequently asked questions” section, and a “contact us” option. There also is a link allowing people to easily “Share Your Thoughts.”
MGM in Massachusetts
MGM first announced in January that it was interested in a Western Massachusetts gaming license. After considering a Brimfield location, MGM sought a site that could accommodate a dynamic world-class entertainment complex.
About MGM Resorts International
MGM Resorts International (NYSE: MGM) is one of the world’s leading global hospitality companies, operating a peerless portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage. In addition to its 51% interest in MGM China Holdings Limited, which owns the MGM Macau resort and casino, the Company has significant holdings in gaming, hospitality and entertainment, owns and operates 15 properties located in Nevada, Mississippi and Michigan, and has 50% investments in three other properties in Nevada and Illinois. One of those investments is CityCenter, an unprecedented urban resort destination on the Las Vegas Strip featuring its centerpiece ARIA Resort & Casino. Leveraging MGM Resorts’ unmatched amenities, the M life loyalty program delivers one-of-a-kind experiences, insider privileges and personalized rewards for guests at the Company’s renowned properties nationwide. Through its hospitality management subsidiary, the Company holds a growing number of development and management agreements for casino and non-casino resort projects around the world. MGM Resorts International supports responsible gaming and has implemented the American Gaming Association’s Code of Conduct for Responsible Gaming at its gaming properties. The Company has been honored with numerous awards and recognitions for its industry-leading Diversity Initiative, its community philanthropy programs and the Company’s commitment to sustainable development and operations.
Comments Off on Not Your Great-Uncle’s Las Vegas
Comments Off on Landry’s CEO Expands Golden Nugget Brand to Biloxi
Comments Off on MGM Announces Casino Resort at Washington’s National Harbor
Comments Off on Wynn Resorts Approved For 51 Acre Project in Macau
Sep 13, 2019 Comments Off on GSCA announces winners of 2019 Achievement Awards
Sep 13, 2019 Comments Off on Disney’s Paul Baribault named President and CEO of San Diego Zoo Global
Sep 11, 2019 Comments Off on Famed paleontologist Scott Sampson begins new role as Executive Director of San Francisco’s California Academy of Sciences
Sep 11, 2019 Comments Off on Eighteen models of Absolute Lumens PAR lamps available through Techni-Lux
Sep 11, 2019 Comments Off on Editorial: Creative risks and theme park attendance
Sep 11, 2019 Comments Off on Editorial: Do what you love and love what you do
Sep 10, 2019 Comments Off on #79 – Europe and waterparks
Sep 10, 2019 Comments Off on Transitions: Leaps and bounds
Sep 10, 2019 Comments Off on Try a drop of this: Ten innovative technologies for water attractions
Sep 10, 2019 Comments Off on Luc Petit CREATION: Storyboards & dragons
Sep 10, 2019 Comments Off on InfoComm 2019 Orlando: AV evolution
Sep 10, 2019 Comments Off on WhiteWater brings continuous innovation to parks
Sep 10, 2019 Comments Off on Bellewaerde adds water
Sep 10, 2019 Comments Off on Alterface: Kernels of truth
Sep 09, 2019 Comments Off on Exploring IAAPA Europe
Sep 09, 2019 Comments Off on DNP: The photo souvenir
Sep 09, 2019 Comments Off on WWA heads to Disney
Sep 09, 2019 Comments Off on Christie: From film dome to fulldome
Jul 02, 2019 Comments Off on Expo 2020 Dubai Update
Jun 26, 2019 Comments Off on Meet Lionsgate Entertainment World’s new general manager: Selena Magill
Jun 25, 2019 Comments Off on IAAPA Expo Asia 2019 brings 11,000+ to Shanghai
Jun 24, 2019 Comments Off on Hard hat tour of Rulantica & Krønasår
Sep 11, 2019 Comments Off on Netflix and thrill: Greg Lombardo joins the content streaming powerhouse as Head of ExperiencesLombardo brings with him more than a decade experience in...
Sep 10, 2019 Comments Off on Transitions: Leaps and boundsIndustry professionals are making moves and creating waves
Sep 09, 2019 Comments Off on Exploring IAAPA EuropeMeet recent additions to IAAPA’s European team
Aug 08, 2019 Comments Off on IPM Interview: Jennifer Lee Hackett, Sinking Ship EntertainmentGiant screen veteran Jennifer Lee Hackett has joined...
Jun 28, 2019 Comments Off on John Miceli and the new DE-ŹYN StudiosThroughout his career, John Miceli has worked in feature...
Jun 26, 2019 Comments Off on Meet Lionsgate Entertainment World’s new general manager: Selena MagillMeet the new GM of Lionsgate Entertainment World, scheduled...
May 08, 2019 Comments Off on ECA2: All eyes on LanzhouECA2's latest spectacle, a permanent installation in a...
May 06, 2019 Comments Off on IAAPA Expo Asia"Establishing a presence in both Hong Kong and Shanghai...
Apr 29, 2019 Comments Off on Vekoma: Coasting around AsiaInPark spoke to Jason Pan, Vekoma’s regional director of...
Mar 21, 2019 Comments Off on Lisa Passamonte GreenThe Thea Awards Nominating Committee annually reviews and...
Mar 21, 2019 Comments Off on Infinite Kingdoms: Planet playologyWe recently connected with founder Denise Chapman Weston...
Mar 21, 2019 Comments Off on The French connection: Meet Michel Linet-Frion"Since I typically rely on contracted expertise and talent...
Mar 21, 2019 Comments Off on Andrew O’Rourke: Google THISIn late 2018, Andrew became an employee of Adecco working...
Dec 18, 2018 Comments Off on Mad Systems: The future is nowInPark reported on the launch and revisited with Ensing for...
Dec 18, 2018 Comments Off on Time for a changeInPark checks in with industry leaders who are heading back...
Nov 05, 2018 Comments Off on Michael Mercadante: Giving backMichael Mercadante, President of Main Street Design, Inc....
Nov 05, 2018 Comments Off on JCO: Theming beyond the theme parkJCO, based in St. Louis, MO, specializes in master planning...
Nov 05, 2018 Comments Off on The Hettema Group: Inside the experience designer’s studioFounded by Phil in 2002, The Hettema Group has gone on to...
Sep 14, 2018 Comments Off on AAE Wrapup: IAAPA in Hong KongEstimates indicate the Expo attracted more than 9,000...
Sep 14, 2018 Comments Off on Mack Solutions: Designing RulanticaWith a unique theme and detailed storytelling, the park is...
Sep 14, 2018 Comments Off on Weber Group: Meet the partnersThe new Weber Group is managed by four partners, all of...
Sep 14, 2018 Comments Off on IAAPA, BRPH, accesso: Faces and places"The beautiful thing about the creative and entertainment...
Jun 01, 2018 Comments Off on Expo 2023 Argentina Buenos Aires: Exclusive interview with Mr. Hernan LombardiThe number of visits to Expo 2023 Argentina Buenos Aires is...
May 11, 2018 Comments Off on A Bid for Expo 2027 Minnesota"We have chosen an ideal location conveniently located...
Apr 30, 2018 Comments Off on nWave: Visioning forward"nWave keeps pace with evolving markets and evolving...