Three Casino Companies File Phase One Paperwork with Springfield
SPRINGFIELD, Mass. (WGGB) – With a 5:00 p.m. deadline looming, three casino developers have officially submitted their proposals for a Springfield casino project.
Companies interested in building a casino in Springfield have until 5:00 p.m. Thursday to file their Phase I proposals to the city.
Phase I is intended to have interested firms outline their ideas and their qualifications to the city, and for city officials to try and determine which companies move on to Phase II of the selection process.
By noon Thursday, Ameristar Casinos, MGM Resorts International, and Penn National Gaming had all filed their necessary paperwork with the city’s Economic Development office.
While MGM’s proposal and plans were announced back in August, Ameristar Casinos and Penn National just released their final proposal details Thursday morning.
Ameristar Casinos, who bought the former Westinghouse site on Page Boulevard earlier this year, has announced that their proposal that they are looking to build a $910 million resort casino.
It would have 150,000 square feet of gaming including 3,300 slot machines and 110 game tables. The development would also have a 500 room hotel, including 50 suites, several swimming pools, retail shops and restaurants.
There will also be 18,000 square feet of entertainment and meeting space and a multi-level parking garage for 4,300 spaces.
Meanwhile, Penn National announced Thursday their interest in building an $800 million casino and entertainment complex in the North End, on property currently occupied by The Republican and Peter Pan Bus Lines.
If a particular firm is selected to go on to Phase II by the city, it is then that they will be required to pay the $400,000 application fee to the Commonwealth.
MGM is the company at this point to have paid that fee.