A study commissioned for the city of Springfield, Massachusetts finds strong potential for new market-rate housing in the downtown area where a casino is proposed. But housing developers say high costs and available financing are challenges.
Years before a casino might open in downtown Springfield Massachusetts construction on new hotels is beginning. The people who sell the city as a tourist destination say it is a positive development.
A new 100 -room hotel is expected to open in downtown Springfield by the end of this year, and a groundbreaking ceremony is scheduled next week for a new six- story hotel that will also have nearly 100 guest rooms when it opens in about a year.
Eleven applications have been filed for lucrative gaming licenses in Massachusetts. Companies that want to develop resort casinos or a slots parlor had to meet a 5PM Tuesday deadline to file paperwork and a non-refundable $400,000 fee with the Massachusetts Gaming Commission.
Massachusetts Gaming Commission Chairman Steve Crosby was thrilled. He said the state is primed to achieve maximum job creation and revenue from its fledgling gambling industry.
Top executives from casino industry heavyweights MGM Resorts International and Penn National Gaming pitched their competing plans for Springfield Massachusetts last night. The forum drew hundreds of people with questions about the impact of a casino development in downtown Springfield. WAMC’s Pioneer Valley Bureau Chief Paul Tuthill reports.
Casino operators are promising thousands of jobs will be created when a resort casino project comes to western Massachusetts. Labor leaders are working to guarantee construction jobs go only to union workers. A civil rights leader is seeking assurances that jobs will be plentiful for people of color. WAMC’s Pioneer Valley Bureau Chief Paul Tuthill reports.
The city of Springfield Massachusetts put its casino competition on hold Wednesday. The move came one day after the state’s top gambling industry regulators raised questions about the city’s casino selection process. WAMC’s Pioneer Valley Bureau Chief Paul Tuthill reports.