MGM Resorts Includes Revitalized Union Station in MGM Springfield Plan
Proposal Expects to Garner Economic Benefits for All of Springfield
SPRINGFIELD (MA) September 21, 2012 - MGM Resorts International today announced that it will include a plan to integrate a revitalized Union Station into its hotel, casino and entertainment district proposal for Downtown Springfield.
The newest piece of MGM's $800 million world-class dining, retail and entertainment district proposal is in response to the City of Springfield's initiative to restore the beloved and historic Union Station to its full potential.
As part of its plan, MGM would locate MGM's Regional Corporate Office and its Regional Training Institute for new employees to Union Station.
"Our project isn't just about one neighborhood or community or interest group," explained Bill Hornbuckle, MGM's Chief Marketing Officer and President of MGM Springfield. "It is about helping to create a better future for an entire city, and tying in Union Station is just one example of how we intend to leverage the global strength of MGM to attract new opportunities, growth, and prosperity to every corner of Springfield."
MGM has been meeting with city officials, community leaders and residents in neighborhoods across the city to discuss MGM Springfield, which was first announced Aug. 22 at a MassMutual Center event. Over the course of those conversations it became clear to the MGM team that restoring Union Station to its former glory was a top priority and major focus for the City of Springfield.
"The vision Springfield's elected leaders and city officials have put forward for Union Station is truly inspiring," said Hornbuckle. "We've heard loud and clear that restoring this landmark is a key priority and we want to play a leading role in making this a reality."
Hornbuckle said he has personally toured Union Station on multiple occasions, along with MGM's Chairman and CEO Jim Murren.
"The minute we first set foot in that building, we knew this was a place where we had to be," said Hornbuckle. "We fell in love with the history and architecture, as well as the opportunity to help revitalize passenger rail service in Springfield."
Hornbuckle formally notified the city of MGM's proposal for Union Station in a letter this week to Kevin Kennedy, Springfield's Chief Development Officer.
Last month, MGM unveiled plans to develop MGM Springfield, an $800 million world-class dining, retail and entertainment district on about 10 acres of land in Downtown Springfield. Concurrently, MGM submitted a non-refundable $400,000 application fee to the Massachusetts Gaming Commission (MGC). MGM's proposal for Union Station is the latest in a series of announcements the company has made to demonstrate its commitment to neighborhoods throughout Springfield.
About MGM Resorts International (NYSE:MGM)
MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating a peerless portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage. In addition to its 51% interest in MGM China Holdings Limited, which owns the MGM Macau resort and casino, the Company has significant holdings in gaming, hospitality and entertainment, owns and operates 15 properties located in Nevada, Mississippi and Michigan, and has 50% investments in three other properties in Nevada and Illinois. One of those investments is CityCenter, an unprecedented urban resort destination on the Las Vegas Strip featuring its centerpiece ARIA Resort & Casino. Leveraging MGM Resorts' unmatched amenities, the M life loyalty program delivers one-of-a-kind experiences, insider privileges and personalized rewards for guests at the Company's renowned properties nationwide. Through its hospitality management subsidiary, the Company holds a growing number of development and management agreements for casino and non-casino resort projects around the world. MGM Resorts International supports responsible gaming and has implemented the American Gaming Association's Code of Conduct for Responsible Gaming at its gaming properties. The Company has been honored with numerous awards and recognitions for its industry-leading Diversity Initiative, its community philanthropy programs and the Company's commitment to sustainable development and operations.