Skanska wins slice of $740m Mohegan Sun expansion plan.
The Skanska project, with a construction value of $350 million, will include a 1,000-room hotel tower expansion, 115,000 s/f of additional retail and dining space, a 40,000 s/f office building and a 3,600-space parking garage.
Mohegan Sun's new 1,000-room hotel is expected to feature a unique House of Blues experience including 300 House of Blues-themed hotel rooms, which will be owned and operated by Mohegan Sun, and an exclusive, members-only House of Blues Foundation Room[TM] to be located on the upper floors of the new hotel. House of Blues is a Live Nation brand.
Construction of the project will begin in September of this year with an estimated completion date in 2010.
Skanska is currently constructing a 400-room hotel and casino addition to Greektown Casino in Detroit, Michigan and the 185,000 s/f Casino Snoqualmie in Snoqualmie, Washington.
Upon full completion in 2010, Project Horizon is expected to add more than 1.4 million square feet to Mohegan Sun's existing structure.
Mohegan Sun, owned by the Mohegan Tribe, is one of the largest, most distinctive and spectacular entertainment, gaming, shopping and meeting destinations in the United States. Situated on 240 acres along the Thames River in scenic southeastern Connecticut, Mohegan Sun is within easy access of New York, Boston and Hartford.
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|Comment:||Skanska wins slice of $740m Mohegan Sun expansion plan.|
|Publication:||Real Estate Weekly|
|Date:||Jul 11, 2007|
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