MGM Resort At National Harbor

MGM Resort At National Harbor

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Take a look at this beautiful shot of the Hotel & Casino rendering.!

The luxurious gambling resort is slated for 23 acres overlooking the Potomac River, just north of the Woodrow Wilson Bridge. It will feature 3,600 slot machines, 140 gambling tables and a 21-story, 300-room hotel. There also will be restaurants, a concert theater and high-end shopping. The project is expected to bring millions of dollars in revenue to Maryland and Prince George’s and 4,000 new jobs to the county. The county’s share from tax revenue is estimated at $40 million to $45 million annually.

Project cost: $1.3B
Expected opening
: 2016
Details
: 21-story hotel, 23-acre casino site, 4,000 jobs

Even though Milt Peterson didn’t want a casino in National Harbor initially, he relented after the development looked like a money pit. Next summer, Milt thinks the new resort will be a smashing success, and the county is banking on it: it approved the casino in 2014 because of an estimated $40M or more per year in tax revenue. Logan Gaskill, VP of MGM National Harbor, is a panelist at our event next week.

MGM Resort at National Harbor



Tim Walsh Headshot
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Phone: 703-447-2236
Dated: September 28th 2015
Views: 186
About Tim: I work full time in Real Estate. We created Your New Home Team to focus our energies in creating smo...

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