TIMES SQUARE
Caesars Entertainment has presented plans to redevelop 1515 Broadway as a premiere entertainment and gaming destination in the heart of Times Square, one of the most visited destinations in the world.
Caesars Palace Times Square would generate seven million new visits to Times Square, bring New Yorkers and tourists back and drive billions in economic benefit to Broadway and local businesses.
Roc Nation, the full-service entertainment agency founded by JAY-Z, will be the official entertainment partner of SL Green and Caesars Entertainment in their bid for a new, state-of-the-art gaming facility at 1515 Broadway in Times Square.
Caesars Palace Times Square will be designed to include a Broadway Teatre for Te Lion King. Te development has promised to deliver a best-in-class experience that will be authentic and complementary to the Times Square entertainment district. Te potential casino is supported by a broad coalition of Times Square stakeholders representing construction labour, Broadway labour, restaurants, hotels, small businesses, theatre and local residents.
In addition to major economic benefits to all Times Square stakeholders, the bid proposes significant security and traffic improvements as part of their proposal, which would boost Mayor
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Adams and the NYPD’s efforts in Times Square. Tese efforts will make visitors feel safer, improve mass transit, encourage pedestrian travel, and mitigate vehicle congestion in the area, pursuant to a proposed traffic plan to be included as part of the project.
Caesars Palace Times Square will provide billions in tax revenue to New York City and State whilst accelerating New York’s economic recovery through strategic partnerships with area businesses utilising its loyalty programme Caesars Rewards, home to more than 65 million members.
Caesars and SL Green have begun signing up new merchants in Times Square and greater New York to join the Coalition for A Better
Caesars Palace Times Square will be designed to include a Broadway Theatre for The Lion King. The development has
promised to deliver a best-in-class experience that will be authentic and
complementary to the Times Square entertainment district. The potential casino is supported by a broad coalition of Times Square stakeholders.
Times Square. Participating merchants’ involvement in Caesars Rewards would be effective upon SL Green and Caesars’ procurement of a New York State gaming license.
Caesars Rewards members will be able to use credits at Broadway shows, local hotels, restaurants, retail stores, comedy clubs, entertainment venues, and more, driving more tourists to area businesses and creating thousands of direct and indirect jobs in and around Times Square.
Caesars Palace Times Square will be 100 per cent privately funded with Caesars licensing its brand and managing the operations under a long-term management contract.
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