The city of Schenectady, New York has approved a casino proposal on the Mohawk River. (Image: John Carl D’Annibale, Times Union)
There’s still a way that is long go before anybody builds A new York casino, and there are lots of competitors still seeking to grab one of four upstate licenses. But one project has earned a major approval that will move it at least one space further down the long way to success.
David Buicko as well as the Galesi Group obtained an endorsement from the Schenectady City Council for their proposed casino as component of the Mohawk Harbor task. That neighborhood governmental approval ended up being required for the developer to be considered for a license from the state.
Casino Just Role of Development Plan
The project that is galesi-backedn’t be just a casino, but a whole redevelopment of the mile-long stretch of land over the Mohawk River. That area was once home to factories belonging to American Locomotive, and could be developed to add residential and retail areas, along having a new harbor.
But there’s also a casino included in the plan. Buicko has partnered with Chicago firm Rush Street Gaming to add a gambling hall to his proposal, and hopes that the overall development package allows them to earn a casino license.
‘Our company is talking about a $450 million investment in the city of Schenectady,’ said councilman John Mootooveren. ‘ We have to take the potential risks in Schenec