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Originally Posted by hi123
When are the mgm project and this project going to begin construction?
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Well Revel is starting construction later this month. It was recently approved so it's a go. MGM needs to go through the approvals process which moves pretty quickly ( I think Revel took 2-3 months), but never had a project like this. Once approved their timeline is up to them.
As far as the baby boomer comment. That's been the cash cow for AC for years and that's not going to change but the demo is skewing younger. Slots are down and table games are up. Al Martino and David Brenner have been replaced by Foo Fighters and Chris Rock at the venues.
Construction is next to tourism as the area's biggest industry. The amount of growth in the surrounding communities has been impressive. The labor is there.
I'll get some pictures soon as they start up. I have to go to the next door at the House of Blues for work a couple times a month.