{"id":22437,"date":"2024-05-17T14:46:33","date_gmt":"2024-05-17T14:46:33","guid":{"rendered":"https:\/\/instantcasinos.com\/?p=22437"},"modified":"2024-05-17T14:46:33","modified_gmt":"2024-05-17T14:46:33","slug":"coney-island-casino-proposal-unveiled-by-developer-thor-equities","status":"publish","type":"post","link":"https:\/\/instantcasinos.com\/blog\/coney-island-casino-proposal-unveiled-by-developer-thor-equities\/","title":{"rendered":"Coney Island Casino Proposal Unveiled By Developer Thor Equities"},"content":{"rendered":"<p><strong>The Coney Island casino, retail and leisure proposal has been unveiled by Manhattan-based investor and developer Thor Equities.<\/strong><\/p>\n<p>It is estimated the entire project will cost approximately $3Billion and will be called The Coney. The proposal includes 70,000-sq.ft. of retail and at least a dozen restaurants.<\/p>\n<p>Furthermore, there will be a 500-room hotel, a 92,000-sq.ft. convention center and a 2,500-seat concert venue. There will also be an acre of new publicly accessible open space.<\/p>\n<p>Under the proposal, the iconic summer destination will seek to become an all-year round tourist destination that attracts millions of visitors.<\/p>\n<p>Also, it will help support retailers and F&amp;B operators who typically struggle in the winter months. If the project gets the go-ahead, pedestrian walkways and skybridges would connect the new and existing buildings.<\/p>\n<h2>Coney Island Casino<\/h2>\n<p>At the time of publication, the scheme already has the backing of Saratoga <a href=\"https:\/\/instantcasinos.com\/\">Casino<\/a> Holdings, the Chickasaw Nation\u2019s business entity, Global Gaming Solutions, and Legends.<\/p>\n<p>\u201cFor two years we have been speaking with the residents of Coney Island and Southern Brooklyn about the need for a project that creates careers. Also, one that supports local businesses and centers entertainment around the idea of a playground that is truly accessible to the people,\u201d said Saratoga Casino Holdings CEO Sam Gerrity.<\/p>\n<p>\u201cWe have heard time and time again that Coney Island needs a project that provides year-round economic support while also lifting up the infrastructure in one of the most densely travelled areas of the community,\u201d he added.<\/p>\n<p>The focus on year round trading will provide a much-needed boost to all of Coney Island. Thor Equites is one of multiple major developers pursuing a downstate casino license.<\/p>\n<p>They will aim to ensure a new legacy is created by putting more emphasis on winter trading. Licenses cost $500m to obtain and will not be handed out by regulators until 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Coney Island casino, retail and leisure proposal has been unveiled by Manhattan-based investor and developer Thor Equities. It is estimated the entire project will cost approximately $3Billion and will be called The Coney. The proposal includes 70,000-sq.ft. of retail and at least a dozen restaurants. Furthermore, there will be a 500-room hotel, a 92,000-sq.ft. &hellip; <\/p>\n","protected":false},"author":61,"featured_media":22441,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-22437","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Coney Island Casino Proposal Unveiled By Developer Thor Equities<\/title>\n<meta name=\"description\" content=\"The Coney Island casino, retail and leisure proposal has been unveiled by Manhattan-based investor and developer Thor Equities.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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