Northeast Times

Wynn unveils plans for potential Fishtown casino and hotel

An artist’s ren­der­ing of the pro­posed design of Wynn Phil­adelphia Casino and Hotel, which, if gran­ted a li­cense, would be built in Fishtown near Penn Treaty Park and Sug­ar­House Casino. PHOTO COUR­TESY OF WYNN RE­SORTS, LTD.

Las Ve­gas casino own­er Steve Wynn presen­ted his plans yes­ter­day for a $900 mil­lion casino and hotel dubbed “Wynn Phil­adelphia” on the Delaware River wa­ter­front in Fishtown, on land north of the loc­a­tion of the Sug­ar­House Casino.

He joined five oth­er de­velopers lin­ing up for a chance at se­cur­ing the city’s second casino li­cense in present­ing pitches to the Pennsylvania Gam­ing Con­trol Board at the Pennsylvania Con­ven­tion Cen­ter on Feb. 12.

Planned as a des­tin­a­tion re­sort, Wynn de­scribed his pro­ject as po­ten­tially be­com­ing “the nicest hotel on the east coast,” and cited Amtrak trains as key to lur­ing in cus­tom­ers and guests from oth­er cit­ies.

The Wynn pro­ject would fill 70 acres along Rich­mond Av­en­ue from Schirra Drive to Columbia Av­en­ue with slot ma­chines, poker tables, lux­ury suites, and a 2,000-foot river­front green space as well, where he said fam­il­ies could stroll without get­ting “any­where near a slot ma­chine.”

A video shown dur­ing the present­a­tion in­cluded im­ages of 900-square-foot suites in the 300-room po­ten­tial re­sort, as well as oth­er suc­cess­ful Wynn hotel and casino de­vel­op­ments, like the Wynn Ma­cau in China.

Ad­dress­ing the crowd, Wynn prom­ised a lux­ury hotel with gambling tables and fine cuisine – not “just slot ma­chines,” he said.

Wynn said that fin­an­cially he is ready to break ground im­me­di­ately on build­ing Wynn Phil­adelphia, with his $2 bil­lion cash re­serve avail­able to fund the pro­ject. He prom­ised that the pro­ject would cre­ate jobs in the area, spur loc­al busi­ness growth, and draw vis­it­ors to all of Phil­adelphia.

The audi­ence ap­plauded his present­a­tion.

The Pennsylvania Gam­ing Con­trol Board will award one de­veloper a casino li­cense after sev­er­al months, pos­sibly not un­til the fall, ac­cord­ing to sources fa­mil­i­ar with the pro­cess.

Look for more on this story in next week’s print edi­tion of Star, on Feb. 20.

Re­port­er Sam Ne­w­house can be reached at 215-354-3124 or at sne­w­house@bsmphilly.com.

You can reach at snewhouse@bsmphilly.com.

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