New York City’s Planning Commission has approved crucial zoning modifications for Wynn Resorts’ proposed $2.7 billion casino development in Hudson Yards, marking a significant step forward for the controversial project. The decision clears the way for the joint venture between Wynn, Related Companies, and Oxford Properties Group to develop the site between 11th-12th Avenues and 30th-33rd Streets.
The developers project substantial economic benefits, including $2.7 billion in revenue for the struggling MTA through various funding mechanisms. The proposal also includes commitments to allocate 1% of gross gaming revenue to local community organizations and create thousands of union jobs alongside new housing units.
This approval represents a major milestone in bringing world-class entertainment and significant economic benefits to New York City,” said a Wynn Resorts spokesperson. “We’re committed to creating a development that serves both visitors and local communities.
However, opposition remains fierce. Community groups led by Protect the High Line argue the casino-focused plan abandons the original 2009 vision for the area that emphasized public spaces. “This proposal prioritizes tourist dollars over neighborhood needs,” said executive director Alan van Capelle. “We’ll continue fighting for a development that actually benefits long-term residents.”
The zoning approval represents just one hurdle in the complex approval process. The project still requires one of three coveted downstate gaming licenses from New York State, facing competition from several other major casino proposals in the region.
As the debate continues, all eyes remain on how the developers will address community concerns while navigating the remaining regulatory challenges in their quest to bring Las Vegas-style gaming to Manhattan’s far west side.
