By Elias Schisgall
The New York State Gaming Commission issued Hard Rock International and Mets owner Steve Cohen a gaming license, clearing the way for the developers to begin construction on an $8.1 billion casino project near Citi Field in Queens.
The developers, operating jointly as Metropolitan Park, said the project would lead to 25 acres of new public green space, 23,000 union jobs and more than $1.75 billion in community benefits and infrastructure improvements.
The New York Gaming Facility Location Board approved the Metropolitan Park project and two other proposed casino developments in New York City earlier this month.
In addition to the casino, the project is expected to include a hotel and concert venue and would be connected to the planned New York City Football Club stadium, according to The Wall Street Journal.
“Metropolitan Park will be a global destination for entertainment, food, and culture that reflects the energy and diversity of the World’s Borough,” Hard Rock International Chairman Jim Allen said.
“The Commission’s decision confirms the positive impact this project will have on New York City, the state, and the region, and we’re excited to build on our long record of delivering world-class entertainment experiences here in Queens,” he added.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
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