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PIXAR Place Hotel construction DVC NEW office & info + tower name Revealed. Disneyland Resort update

Developers working on the former Six Flags park in New Orleans East last month turned over a master plan aimed at convincing public officials they were ready to sign a lease and get to work. But the head of the New Orleans Redevelopment Authority, the public body that controls the site and heads up smaller projects across the city, has panned the 700-page document, telling the Bayou Phoenix development group in a May 11 letter that a do-over is needed.

Source: https://www.sunherald.com/news/business/article275850756.html#

Construction has begun on Everest Place, a development near Walt Disney World, featuring shopping, dining, and several hotels, including Nickelodeon Hotels & Resorts.

Everest Place will be a multi-use development with 783 condominiums, 793 hotel rooms, and 900 rental apartments, plus 20 acres of commercial and retail space and an additional 12 acres reserved for a recreational water park, all with easy access to Disney theme parks. The project also includes a park, a lake with a waterfront boardwalk, and multi-use and nature trails.

Source: https://attractionsmagazine.com/nickelodeon-hotels-and-resorts-returning-to-orlando/

Plans to bring a casino to Long Island have taken a big step forward, but there's still a long way to go. The Nassau County Legislature voted 17-1 Monday night to to grant Las Vegas Sands a 99-year lease to develop the 72-acre area around the Nassau Coliseum in Uniondale. The $5-billion project will include a casino, hotel, entertainment venue and housing.

Source: https://www.nbcnewyork.com/news/local/nassau-county-approves-99-year-lease-for-las-vegas-sands-casino-around-nassau-coliseum/4357490/

Source: https://www.youtube.com/watch?v=DrtdoFR0Ij4

AlUla‘s hospitality offering is expanding with the news of a new eco-resort AZULIK AlUla. With plans to open by 2027, the sustainability-focused property will have 76 luxury villas.

Source: https://www.hoteliermiddleeast.com/saudi-arabia/saudi-arabias-alula-reveals-new-eco-resort-azulik

When it comes to casinos, the house is always meant to win. But the cost of developing the first gambling resort in the United Arab Emirates is likely to push the local host government in Ras Al-Khaimah – one of the seven emirates that make up the country – into a fiscal deficit, according to Fitch Ratings.
Construction work began at the site earlier this year and the resort is due to open its doors to customers in early 2027. For a small economy like Ras Al-Khaimah, the project represents a giant gamble. The development is expected to cost a total of $3.9 billion, which is equivalent to almost a third (32%) of the emirate’s total gross domestic product (GDP) last year.

Source: https://www.forbes.com/sites/dominicdudley/2023/05/24/gambling-resort-to-push-ras-al-khaimah-budget-into-deficit-warns-fitch/?sh=71d4fd373fae

One of the world’s largest ever renewable power projects and a global pioneer in green hydrogen mega-production – Saudi Arabia’s Neom – announced financial close on a project that will cost of $8.4bn.
Neom Green Hydrogen Company (NGHC) – a joint venture between ACWA Power, Air Products and the vast Saudi Neom future city project – plan to deploy 4GW of wind, solar and batteries to produce up to 600 tonnes a day of green ammonia using more than 2GW of hydrogen electrolysis.

The JV said today (Monday) that it had reached financial close on the project after signing agreements with “23 local, regional, and international banks, and investment firms” covering $6.1bn of non-recourse finance, becoming the world’s first giga-scale H2 initiative to reach FID.

Source: https://www.rechargenews.com/energy-transition/saudi-arabias-8-4bn-neom-green-energy-mega-project-hits-financial-close/2-1-1454308

A Pre-Evaluation meeting has been requested for the SmartCity site, according to a filing with Miami-Dade.
The meeting is for “review the Metro Subzone development parameters relative to the assemblage of land at 425 NE 13 Street,” the filing states, with a meeting request date of May 23. The proposed application type is: Urban Center Administrative Site Plan Review.

Source: https://www.thenextmiami.com/pre-site-plan-review-meeting-requested-for-smartcity-site/

Source: https://www.abc15.com/entertainment/events/vai-resort-new-renderings-an-inside-look-of-its-party-hotel-tower-and-more?_amp=true

A potential Therme site for the US?

Global wellbeing organisation Therme Group US and Washington DC Mayor Muriel Bowser have signed a deal to work together toward identifying a site for a new Therme facility. Therme is expanding into the US and has identified the DC-Maryland-Virginia (DMV) region as the location for its flagship US facility. For the duration of this one-year exclusive rights agreement, Therme will only explore sites in the District and not seek to compete with the District against surrounding jurisdictions.

Source: https://www.attractionsmanagement.com/index.cfm?subID=0&pagetype=news&codeID=351294&dom=n&email=web&pub=AMe&date=

Luxury tourist destination Sindalah island has received a SR3 billion ($800 million) boost thanks to a new partnership with Riyad Bank.

Riyad Bank announced the funding deal in a tweet, and the money will help towards the goal of having $1 trillion invested in the Kingdom’s tourism industry to achieve 100 million tourists visiting annually by 2030.

Source: https://www.arabnews.com/node/2303726/business-economy

New Orleans Mayor LaToya Cantrell on Wednesday (May 17) responded to a letter she received from Councilman Oliver Thomas, requesting an additional $10-15 million in funding to ensure the development of the Bayou Phoenix projects on the abandoned Six Flags site.

As part of the public-private partnership, the city has already allocated $1 million to the Bayou Phoenix project, and the land is now under the ownership of the city, granting Henry access to the site for development purposes.
“So this has now shifted to them,” Mayor Cantrell said in her routine press conference. “Show us who your partners are. Show us financial commitments that you may have. I don’t believe that the city of New Orleans has to show or put more money on the table when we have yet to see the developer themselves put resources on the table.”

Source: https://www.fox8live.com/2023/05/17/mayor-cantrell-responds-councilmans-funding-request-six-flags-redevelopment/

Aerial look at the $1 billion Evermore Orlando resort. Anchored by Conrad Hilton Orlando, at right. Notice the extremely large pool prepared for water recreation. Reservations available for stays beginning February 5, 2024.

Source: https://twitter.com/bioreconstruct/status/1657155609626542083

Officials with Kentucky-based Churchill Downs Inc. say construction crews are making progress on the $290 million Terre Haute Casino Resort. General Manager Mike Rich told our partners at WTWO-TV the company is still targeting an opening date near the end of the first quarter of 2024.
When complete, the venue will feature a 400,000-square-foot casino building with 56,000 square feet of gaming space that includes 1,000 slots and 50 table games, as well as a 125-room hotel.

Source: https://www.insideindianabusiness.com/articles/construction-progressing-on-terre-haute-casino

Promising the “good life” to its guests, the Le Méridien Al Marjan Island Resort & Spa will have 350 rooms, seven dining outlets, a pool and a spa. It is being developed by Three Musketeers Hospitality (TMH), a wholly owned subsidiary of UAE-based Plus Holding Limited (PHL) founded by Jaideep Halwasiya, Surendra Bagri and Hari Tibrewala.

Source: https://www.hoteliermiddleeast.com/business/marriott-announces-le-meridien-al-marjan-island-resort-spa-opening-2026