The $950 million MGM Springfield casino resort project is ahead of schedule with the possibility of opening earlier than anticipated.
When a casino is under construction it can take years for the venue to be completed. From permits to zoning and the actual construction process, hundreds of millions of dollars and hours upon hours spent preparing the site to function as a gaming venue. Across the United States, there are many gaming venues under construction. In Massachusetts, the state is preparing for yet another casino opening, this time in Springfield. The MGM Springfield is a $950 million project by the MGM Resorts International Company that should be ready a little earlier than expected based on a recent press conference by city officials.
A press conference was hosted by city officials yesterday that provided information on the MGM Springfield project including the fact that the construction process has reached the half-way point. Because of the progress, the gaming venue should be ready a little ahead of schedule than previously planned.
The state is currently prepared to see two commercial casinos created, the MGM Springfield and the Wynn Boston Harbor. Both plans were given approval after a statewide referendum was authorized for the commercial gambling projects. The Massachusetts Gaming Commission had the final approval rights.
The Springfield project first began the construction phase over a year and a half ago. There were several delays in the project as well as changes to the plans so that it took longer to begin. It was first believed that the gaming venue would be ready by the fall of 2018 and now it seems the casino should be ready even sooner. September is basically considered ‘early’ fall and is the time frame that the venue is aiming for in opening next year.
Interstate 91 Changes
The project in Springfield is dependent on a number of factors including the changes being made to Interstate 91. The renovations of the roadways have to be completed in order for traffic to flow nicely to the new gaming venue. On Thursday, it was announce that the highway project, which is costing around $183 million to complete, is actually ahead of schedule. It is because of this that the new casino should be ready to open earlier than planned.
The highway should be in full beneficial use by May of next year. If this happens, then the gaming venue will be able to use the roadways earlier than planned and can open once construction is complete.
The press conference in which the information was revealed was not attended by representatives of the MGM Springfield Casino but a spokesperson spoke with local media and stated that the progress of the complex had progressed at a nice pace over the past few months and that the company is comfortable in saying that the casino will be ready by September of next year. This gives the venue around a year and a half to finish the construction process.
Once completed, the new casino will bring 3,000 jobs or more with the majority of these jobs being full time employment. The venue will also help to bring a significant amount of taxes to the city once completed.
To help with the process, a Casino Oversight Committee was created in efforts to monitor progress. The construction as well as future operations were to be considered to ensure the casino is able to meet the expectations of the community. The council has five member and should be meeting with representatives of the casino to discuss the standards that are expected with multiple meetings to take place in the time frame before project completion.