Rendering of the rooftop bar at the proposed Bally’s casino-hotel complex.
Bally’s Casino Development Proposal
Bally’s has recently unveiled a sneak peek into the interior designs of its proposed project in Soundview’s Ferry Point Park. As the competition for three casino licenses intensifies, eight companies are vying for the opportunity, with Bally’s emphasizing substantial investments aimed at bolstering the Bronx’s economy.
Project Features and Investments
Valued at $4 billion, the proposed waterfront complex would encompass various amenities beyond gaming, such as hotel accommodations, dining options, and a gaming floor. Chris Jewett, senior vice president of corporate development, highlights plans for a 2,000-person event center, diverse restaurants, retail outlets, and a rooftop dining space offering breathtaking city views.
Community Benefits
Bally’s promises to create 4,000 permanent union jobs with an average salary of $96,000, support local educational and sports organizations, and allow residents the chance to invest in the project. These commitments aim to foster positive economic impacts in the Bronx area.
Community Concerns
Despite these benefits, the project faces opposition from some community members. Critics like Council Member Kristy Marmorato express concerns about increased traffic and potential crime, while also opposing the loss of public parkland needed for the project.
Bally’s Ongoing Efforts
In response to community concerns, Bally’s is actively engaging with local officials and residents. Plans include adding NYPD substations to enhance security and constructing an overpass to ease traffic woes. The company has also received acclaim for its philanthropic efforts, including rescuing a local school from closure.
Competition and Next Steps
With only three licenses available, Bally’s faces strong competition from other projects proposed across NYC. Following the application deadline, a Community Advisory Committee will be formed to assess community support, and Bally’s is moving through necessary land use procedures.
Conclusion
The state aims to award the three downstate licenses by the end of December 2025. For further details regarding the Bally’s proposal, visit https://ballysbronx.com/.
