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Home Business

Coney Island casino would spruce up aging NYC boardwalk

INBV News by INBV News
March 4, 2023
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Coney Island casino would spruce up aging NYC boardwalk
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Coney Island is already home to one in all the world’s biggest gambles — the rickety, picket and ancient Cyclone roller-coaster — so a casino seems a natural fit.

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With that in mind, bidders for one in all town’s coveted few casino licenses released their vision Friday for just what that might appear to be.

A stunning latest “Coney” casino and hotel can be erected just steps from the storied Brooklyn boardwalk and beach, situated smack between the long-lasting Cyclone and Wonder Wheel, the renderings show.

A sleek, glass-enclosed hotel with a multi-colored rooftop would be built right behind the casino. The plan also features a convention hall.

The renderings were released by a Coney Island consortium vying for one in all three downstate licenses, which incorporates developer Thor Equities, gaming operators Saratoga Casino Holdings and The Chickasaw Nation and Legends, the sports and entertainment firm co-owned by the Yankees.

First renderings of the proposed Coney Island Casino, A latest proposed casino and hotel in Coney Island shall be steps away from the long-lasting boardwalk and beach.Sunshine Sachs

The consortium also released a picture of the casino’s black-and-white logo: “The Coney Casino Resort & Resort Entertainment District. Brooklyn.”

The gaming facility each spruces up and seamlessly blends in with the prevailing Coney Island boardwalk, said Robert Cornegy, the previous Brooklyn councilman who’s a consultant with the consortium.

“I’m pleased with the way in which the buildings mix in with the boardwalk and streetscape,” said Cornegy.

First renderings of the proposed Coney Island Casino, If approved, the casino would supercharge the boardwalk — anchored at one end by the aquarium and the opposite by the Brooklyn Cyclones ballpark.Sunshine Sachs

He said the proposed casino, if approved, would supercharge the boardwalk — anchored at one end by the aquarium and the opposite by Cyclones stadium, the ballpark for the Mets’ minor league baseball team.

The casino may have a Las Vegas-like entertainment hall where visitors can see top entertainers perform and a close-by convention hall would supply space for events for businesses in southern Brooklyn, which currently lacks a big venue.

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The project can be a jobs booster for the Coney Island area as well, he said.

“We now have a responsibility to bring economic development to underserved communities. The Coney casino does that,” said Cornegy.

Other gaming operators are vying for one in all three downstate casino licenses.

Gaming giant Bally’s is betting on The Bronx — proposing a casino on the Trump Organization’s public golf course at Ferry Point.

The owners of the existing slots parlors on the Aqueduct race track in Ozone Park, Queens and Yonkers race track — Genting/ Resorts World and MGM’s Empire City — are expected to submit bids to expand their offerings to incorporate table games.

Meanwhile, Mets owner Cohen is eyeing a casino near the team’s stadium in Flushing, Queens — potentially partnering with Seminole Hard Rock. A 25,000-seat skilled soccer stadium can also be planned within the vicinity.

Others planning bids to operate a casino include the Steve Ross-Related Corporations/Wynn Resorts partnership for Hudson Yards, the owner SL Green/Caesars Entertainment team in Times Square and a consortium pushing for a gaming facility in Coney Island, whose partners include Legends, which is co-owned by the Yankees organization.

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Tags: AgingboardwalkcasinoConeyislandnycspruce
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