Miscellaneous resort projects
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There is a new Golf Club and Resort underway for Vladivostok. It will be approximately 51 minutes away from the casinos and will form part of the overall leisure offering of the area.

LLC “Golf-Park DV” acquired the Vladivostok Free Port residency as a part of Eastern Economic Forum-2017.
As a part of the investment project, “Golf-Park DV” plans the integrated construction of intellectual ecocity with a golf park in Nadezhdinsky district of Primorsky region. Total investments in the project will exceed 4,2 bln. rubles. When implemented, the project will create 273 new jobs.

Among the unique features of the project the following may be noted:
* The concept presupposes the creation of a unique for the Far-Eastern district resort, complex by the nature of the territory development and unique by the composition of services: golf, all-season resort;
* the project is fully integrated into the strategy of socio-economic development of Primorsky region as the center of tourism industry of the Far Eastern region (prognosis — over 100 thousand tourists a year);
* the concept generates employment for more than 200 permanent residents, and in seasonal peaks — up to 400 jobs additionally.

Analysis of the economic effectiveness of the developed concept has shown that it is was not only efficient for the project’s owner, but also had a considerable effect on the economy of the region due to the significant volume of investments and creation of new jobs.

Source: https://vlgolf.ru/en/about/

This new complex combining sports, hotels and leisure will begin to rise in Seoul, South Korea in 2023.

The Hanwha Engineering & Construction (E&C) has been chosen as the preferred bidder to build a new sports and convention industry complex on some 350,000 square meters site near Jamsil Sports Complex in Seoul (South Korea) worth 2.1 trillion.The project aims to begin construction in the second half of 2023 after concluding an agreement in the first half of 2023.

‘THE DONG-A ILBO’ further stated that the Seoul Metropolitan Government plans to form a negotiating team as soon as possible and start negotiations with the preferred bidder from January next year at the earliest. The project is estimated to cost around 2.16 trillion won and the construction period is expected to be about six years.

The project has been in the works since 2016 with an aim to build a multipurpose facility encompassing exhibition, convention, sports, and culture as well as hotels and commercial and business facilities. The preferred bidder has been selected after a comprehensive evaluation, including development plan, design/construction plan, operation plan, and public interest by the evaluation committee supervised by the Seoul Public Investment Management Service under the Seoul Institute.

Source: https://www.coliseum-online.com/jamsil-mice-complex-construction-in-2023/

More new tourism developments for Saudi Arabia.

Marriott International has announced plans to open two luxury hotels in Saudi Arabia’s Diriyah. The properties will be located near the Unesco World Heritage site at At-Turaif, offering views of the historic town of Diriyah on the outskirts of Riyadh

Marriott says the two hotels will be completed in 2022 and 2025 respectively. The design includes a luxury development and is part of a larger plan that would transform an eleven-square-kilometer swath of the town of Diriyah, 15 minutes outside the capital, in a mixed-use scheme promoted to be reminiscent of the typical Najdi architecture which dots the area first added to UNESCO’s list of World Heritage Sites in 2010.

Source: https://archinect.com/news/article/150292303/saudi-arabia-plans-new-hotel-development-near-diriyah-world-heritage-site

Mars Al Arab continues to rise in Dubai. you can find out more on the project over on ThemeparX... https://www.themeparx.com/marsa-al-arab/

Source: https://www.instagram.com/p/CXllQTavX1e/

Another big Saudi mega-project on the horizon.

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister, Chairman of the Board of Directors of the Public Investment Fund and Chairman of the Board of Directors of Jeddah Central Development Company, has launched the masterplan and main features of the Jeddah Central Project (previously known as New Jeddah Downtown).

The ambitious SR75 billion ($20 billion) project will come up on a 5.7 million sq m of land overlooking the Red Sea to be financed by the Public Investment Fund and from local and international investors.

The Jeddah Central Project is expected to achieve an estimated added value of SR47 billion for the kingdom's economy by 2030. It will include four notable landmarks (Opera House - Museum - Sports Stadium - Oceanarium) and contribute to opening the way for the local private sector to participate in the development, which will help shape the operation of promising economic sectors including tourism, entertainment, culture, and sports.

In addition, the city will benefit from the building and development of modern residential areas, encompassing 17,000 residential units and diversified hotel projects that offer more than 2,700 hotel rooms, and the provision of integrated solutions for the business sector.

The company will complete the project in three phases, the first of which is set to be finished by the end of 2027. Following this milestone, the Jeddah Central Project will begin welcoming Jeddah residents, together with visitors from both inside and outside the kingdom

Source: http://tradearabia.com/news/CONS_390984.html

Ritz-Carlton Reserve coming to Eleuthera.
It has today been announced that Marriott has signed an agreement with Cotton Bay Holdings to introduce a Ritz-Carlton Reserve property on the island of Eleuthera in the Bahamas.

The hotel will be located on the southern end of the island, and will feature 90 guest rooms and suites, plus 60 residences, which will be two to five bedroom villas. The resort will feature an 18-hole golf course, a spa, swimming pools, and restaurants. The Ritz-Carlton Reserve will be in the space of the former Cotton Bay Club, which initially opened in 1959.

The resort is expected to open in around four years, so I’d be surprised if it opens before 2026 at the earliest. With the pace at which hotel construction happens, that’s probably even optimistic. For that matter, a lot can change with projects like this depending on economic conditions, etc.

For those not familiar with Ritz-Carlton Reserve, this is Marriott’s uber-luxury hotel brand. Ritz-Carlton Reserve properties are on a totally different level than standard Ritz-Carlton properties, and are generally much smaller and with more personalized service.

Source: https://onemileatatime.com/news/ritz-carlton-reserve-bahamas/#ritz-carlton_reserve_coming_to_eleuthera

Possibly a new casino coming to CitiField in New York and some pretty futuristic plans for Manhattan!

Former casino analyst Jason Ader will submit his plans for an ambitious casino resort project in New York on 10 December 2021, at a time when US casinos have been asked enforce mask mandates due to the pandemic. In a recent interview, Ader elaborated his vision for the proposed casino whose estimated cost is currently said to be $3 billion.

Ader’s vision for the casino resort is an elaborate scheme as it will feature a number of new innovations in the industry. The proposed name for this casino resort is Mirai which is the Japanese word for future. Ader says this casino resort project will go beyond a quintessential casino outlet as it will cater to each aspect of entertainment.

Mirai would be the world’s largest trading arena for cryptocurrency besides operating as a casino resort. Ader also wants to include a landing pad for flying cars, an esports arena and a venue for big events like the NYFW in the project ambit.

While Ader’s plans for Mirai are ambitious and optimistic, he is not the sole runner in the race for a New York casino license. The New York State Gaming Commission (NYSGC) has finalized 10 Dec as the last date for requests for information for three new unawarded commercial casino licenses in the southern part of New York.

These three licenses are a part of seven new casinos covered under the New York Casino Gambling Amendment, 2013. Four non-tribal casinos have already been built, while discussions and proposals are underway for the remaining three.

Contenders like MGM Resorts International, the Genting Group, Bally’s Corp and Las Vegas Sands Corp (where Ader was a former board member) are actively seeking an opportunity to expand their operations. MGM is eyeing an expansion from slot-machine parlors and horse-racing tracks to offerings like table games. As for the other two operators, they have already discussed a plan for a casino in Citi Field with hedge-fund manager and Mets owner, Steve Cohen.

Source: https://www.top10casinowebsites.net/news/jason-ader-proposes-3-billion-casino-resort-in-new-york/

The Four Seasons in Sharm El Sheikh will almost double in size with it's newly announced expansion plans.

Along a kilometre of private beachfront where the southern Sinai desert meets the Red Sea, Four Seasons Resort Sharm El Sheikh, Egypt has been a favourite of sunseekers since opening nearly 20 years ago. Now, a major expansion and enhancement project will add 22 hectares (54 acres), doubling the size of the current property and making room for more guest accommodations, dining options and pools, plus an all-new fitness facility and a large conference centre for meetings and destination weddings.

When the enhancements are complete in early 2022, Four Seasons Resort Sharm El Sheikh will offer a large collection of luxury suites including multi-bedroom residence-style accommodations with private pools; five new food and beverage concepts; renovated spa and all-new two-storey fitness centre; enhanced recreational facilities including a new PADI dive centre plus tennis and squash courts; and for its youngest guests, an all-new dedicated children’s club. A new state-of-the-art convention centre will more than double the Resort’s event capacity with new indoor and outdoor spaces for up to 2,000 guests.

Source: https://premierconstructionnews.com/2021/11/27/four-seasons-resort-sharm-el-sheikh-egypt-announces-major-expansion-and-enhancement-project/

A W Dubai Hotel is soon to open at Jumeirah Beach

Marriott International, Inc. has just announced it has signed an agreement with wasl Hospitality & Leisure LLC, to bring the W Hotels Worldwide brand to Dubai’s Jumeirah Beach coastline. Slated to open in 2022, W Dubai – Mina Seyahi is set to become an urban escape that will bring the eclectic design, unconventional luxury, and innovative programming that travellers have come to expect from the W Hotels brand.

Source: https://hoteldesigns.net/industry-news/marriott-signs-agreement-to-open-w-dubai/

The Swan Reserve at Walt Disney World is now open…





Source: https://twitter.com/bioreconstruct?s=21