Massive Casino Complex Planned For Vancouver
The Olympics may be over but Vancouver has a new way to generate excitement. B.C. Premier Gordon Campbell has revealed plans for a destination casino-hotel complex to be built next to the renovated B.C. Place stadium. The $450 million Canadian project will have both a luxury hotel and a mid-range hotel and a casino that is open 24 hours a day. The Edgewater Casino will be relocated to the new center. Paragon Development of Las Vegas, the owner of the Edgewater Casino, will build the new project. The project will create thousands of jobs both through construction and through jobs at the complex.
It is estimated that the casino could make as much as $130 million Canadian in gaming revenues for the provincial government in its first year of operation. If the City of Vancouver grants a rezoning application, construction could begin early next year. The main building will have a massive rooftop that will connect the two hotels and provide meeting spaces, a pool area and an entertainment destination. The hotels will have five restaurants between them. The project may completed by mid-2013.