Developer Genting Americas touts first 2.6 million square
feet of massive Queens project
ALBANY – The developer of a proposed mega convention center
at Aqueduct in Queens says the facility could open as soon as 2014.
Genting Americas, which already runs the racino at the site,
says it would build in two phases the 3.8 million-square-foot facility
announced Wednesday by Gov. Cuomo.
The first would be a 2.6 million-square-foot facility on
land already leased by Genting and would open in November, 2014 at the earliest
.The second for 1.2 million square feet would require the
use of land currently owned by the Port Authority.
The company did not give a time estimate on when the second
phase would be completed because the land deal must be finished first.
The plan also calls for an expansion of the existing racino
and up to 3,000 new hotel rooms, with the first 1,000 rooms to open in November
As the Daily News reported Thursday, the state would work to
create uninterrupted subway service between midtown Manhattan and the
Because Genting is footing the $4 billion project bill,
sources say the company wants area exclusivity should casino gambling become
It also is seeking to pay the state less of its racino
proceeds and transfer all horse racing to nearby Belmont race track.
Genting and Cuomo officials wouldn’t comment on specifics.
They say they are still trying to work out final details, though a Genting rep
said the project is not contingent on casinos becoming legal.