Jake's 58 Breaking Ground برای پروژه توسعه 210 میلیون دلاری در آیلندیا. نیویورک مالیات بر املاک را به ساکنان روستاها تعلیق می کند

Jake's 58 Breaking Ground برای پروژه توسعه 210 میلیون دلاری در آیلندیا. نیویورک مالیات بر املاک را به ساکنان روستاها تعلیق می کند

تمبر زمان: 15 آوریل 2024 ساعت 1:37 بعد از ظهر

The Suffolk branch of the New York City Off-Track Betting Corporation is breaking ground today, on 15 April 2024, for a $210 million expansion of Jake’s 58 Casino Hotel facility operated by the public benefit corporation. The Suffolk OTB reportedly also announced that the completion of the expansion project at the Islandia Village will double the venue’s wagering terminals and triple the number of parking spaces.

$210 Million Expansion Project:

As Newsday reports, OTB representatives expect that the expansion will be able to finally meet the demand for تصویری قرعه کشی پایانه و جاهای پارک the visitors have posed since the Jake’s 58 launch in 2017. As reported, the same period has seen the Jake’s annual افزایش درآمد of as much as ٪۱۰۰. These seem to have been the key drivers for the $210 million expansion project that will bring around 2,000 terminals and almost 2,000 parking spaces distributed across a three-story garage, according to Suffolk OTB president Phil Boyle.

Meeting Rising Demand:

Jake's 58 Casino Hotel همچنین از ویژگی های new restaurants and pubs, conference and wedding reception spaces and other amenities, according to the source, to anchor the popular status of one of New York’s most successful gambling facilities since its opening.“There’s no doubt about it,” Boyle reportedly commented, adding that the expansion follows the increased admissions to the property. “Anybody who’s been to Jake’s knows we’ve been very successful and it’s hard to find a parking spot.”

طیف وسیعی از امکانات رفاهی:

According to Boyle, construction will take at least دو سال as the company will be working to minimize any disruptions during the development of a new 110,000-square-foot building. To be located behind the existing resort, the building will accommodate 1,000 new wagering machines. As reported, it will also host around  500 ترمینال transferred from the current casino. It means that the current casino facility will host around دستگاه های 500 to offer an increased space for dining areas. Last but not least, the 40-year-old hotel’s 210 rooms will be completely overhauled, as نیوزدی گزارش.

Creating 125 Permanent Jobs:

The project takes place simultaneously with the casino license application process currently running برای باز کردن three traditional downstate casinos, with one of them to be located at  کلیسوم ناسائو. The sites are reportedly expected to be selected by the end of 2025, but Boyle considers that those casinos will not affect Jake’s 58 operations. ”We have very loyal customers,” Boyle reportedly said. OTB officials may expect the same from the نیروی کار as the project will create 800 شغل ساختمانی و 125 permanent job positions once the casino is upgraded.

$388 Million in Revenues Expected:

According to Newsday, the Suffolk OTB president estimates that gross casino revenue will continue to grow at a نرخ سالانه 42 درصد to bounce from $273 million generated in 2023 to 388 میلیون دلار in the first year after construction is completed. As Suffolk and four other boroughs constitute public benefit corporation New York Off-Track Betting Corporation, ٪۱۰۰ of Jake’s annual gross revenue is used to fund the public education system, with the remaining ٪۱۰۰ going to Suffolk County, the state Gaming Commission and the صنعت اسب دوانی, as reported by the source. Therefore the Jake’s expansion project will accordingly increase OTB’s annual payment به Village of ایسلند from the current $2.25 million level to the 4.25 میلیون دلار annual figure, Boyle reportedly added.

Property Tax Suspension:

In return, the Village of Islandia will reportedly suspend property taxes upon the Jake’s project completion to صرفه جویی hundreds of dollars for local residents, Mayor Allan Dorman said. همانطور که گزارش شد, he added that the village will get an additional $2 million annual incentive on a tax relief agreement with Suffolk OTB. As reported by Newsday, the financial injection will save residents up to $500 خود را در annual property tax until 2041. Now that Suffolk OTB has broken the ground for the $210 million project, its smooth collaboration with the local community may dig some gold out of the popular location for their common benefit.

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