LAS VEGAS--(January 22, 2015)--Wynn Resorts today unveiled its new tower design for the $1.6 billion Wynn Everett Resort during a meeting of the Massachusetts Gaming Commission. Two renderings of the 24-floor resort tower, one in a daytime setting and another at nighttime, were released by Wynn which marked the first time the new design has been shown in public.
"The era of the grand hotel--the big, wonderful places that one would stop to visit --has been over. But now, in this great part of Massachusetts, we are bringing it back in spectacular fashion," said Steve Wynn, Chairman and CEO of Wynn Resorts. "People will come here to have fun and experience grandeur; to eat, shop, vacation and live large and hopefully forget about the rigors of life for a while."
The exterior of the new tower will be comprised of the proprietary "Wynn Bronze Glass" that is a signature element of the Wynn and Encore Resorts in Las Vegas and Macau. The curving shape of the tower along the Mystic River will allow sweeping views of the Boston skyline.
When operating, the Wynn Resort in Everett will generate more than $260 million in annual tax revenue to the Commonwealth of Massachusetts, over $170 million in direct wages and more than $900 million in annual recurring revenue for local businesses generated from local consumer discretionary spending, incremental tourism spending and procurement spending.