MACAU SPECIAL REPORT: Upcoming Cotai Projects

Seven exciting casino concepts coming to Cotai

LISBOA PALACE
Company: SJM
Architect: WATG
Projected Opening Date: 2017
Cost: $3.86 billion
Features: French-themed combination of art and architecture, with 2,000 hotel rooms spread across three hotels—Lisboa Palace Hotel, Palazzo Versace Macau and another luxury hotel brand that has yet to be announced; grand wedding pavilion; multi-purpose theater.
Retail: 366,000 square feet
Restaurants/Entertainment: 387,500 square feet
Casino: 290,625 square feet

MGM COTAI
Company: MGM Resorts (MGM China)
Architect: Kohn Pedersen Fox (David Rockwell for retail and entertainment)
Projected Opening Date: Late 2016
Cost: $2.6 billion
Features: 1,600 rooms and suites with an “over- the-top” Mansion similar to the Las Vegas facility. A SkyLoft component, also as in Las Vegas, is included.
Retail: The Spectacle, a retail and entertainment complex, designed by Rockwell, with brands like Chanel, Fendi, Gucci, Prada and Louis Vuitton.
Restaurants/Entertainment: Over 85 percent of the space will be dedicated to non-gaming attractions.
Casino: 500 gaming tables and 2,500 slot machines

GALAXY PHASE II
Company: Galaxy Entertainment
Architect: Steelman Partners
Projected Opening Date: May 2015
Cost: $1.8 billion (total investment $5.5 billion)
Features: Continuation of first phase; includes three new hotels, the world’s first all-suite Ritz-Carlton hotel, Asia’s largest JW Marriott, with over 1,000 rooms, and Broadway at Galaxy Macau (former Grand Waldo), which includes a 320-room hotel and a theater with 3,000 seats. Lots of non-gaming elements, including multi-purpose arena for shows and exhibitions.
Retail: The Promenade, with more than 200 new shops
Restaurants: Around 50 from gourmet to fast food
Casino: Undetermined amount of tables and slots

THE PARISIAN
Company: Las Vegas Sands (Sands China)
Architect: Aedas
Projected Opening Date: Early 2016
Cost: $2.7 billion
Features: A scaled-down Eiffel Tower fronts a 3,000-room hotel.
Retail: A shopping area will connect to the existing mall in the Four Seasons, the Venetian and Sands Cotai Central.
Restaurants/Entertainment: Diverse offerings similar to neighboring projects

STUDIO CITY
Company: Melco Crown
Concept Architect: Goddard Group
Projected Opening Date: September 2015
Cost: $3.2 billion
Features: The Art-Deco complex attempts to position this new destination resort as Asia’s newest entertainment capital. Two towers will house 1,600 hotel rooms and includes Asia’s largest Ferris wheel, the Golden Eye.
Retail: The Boulevard, a 300,000-square-foot mall managed by Taubman Asia
Restaurants: Everything from fast food to gourmet
Entertainment: Digital ride, Batman Dark Flight, Family Entertainment Center focused on DC Comics and Warner Bros. characters, 5,000-seat Studio City Event Center, Studio 8 fully functional television studio, and more.
Casino: 500,000 square feet of gaming space

WYNN PALACE
Company: Wynn Resorts (Wynn Macau)
Architect: Wynn Design
Projected Opening Date: Mid 2016
Cost: $4.1 billion
Features: Floral theme, using flowers, water and light, with a “performance lake” fronting the hotel, containing 1,700 rooms and suites. A light rail station will stop in the middle of the lake with “SkyCab” gondolas transporting visitors into the hotel.
Retail: Luxury stores
Restaurants/Entertainment: Gourmet dining, high-end shows
Casino: Unique gaming spaces

LOUIS XIII
Owner: Hong Kong entrepreneur Stephen Hung
Architect: Peter Marino
Projected Opening Date: Late 2016
Cost: $1 billion
Features: Ultra-high end boutique hotel, featuring a 22-story, 236-room hotel (at a minimum of $10,000 per night), topped off with a 20,000-square-foot suite renting for $130,000 a night. Guests will arrive in a fleet of some 15 red Rolls-Royce Phantoms.
Retail: A series of invitation-only boutiques that will offer luxury items such as jewelry starting at $1 million. Also expected to include such brands as Chanel, Louis Vuitton, Christian Dior and others.
Restaurants: Private gourmet outlets, with catering available to individual suites
Casino: 66 gaming tables with minimum bets of at least $700 (HK$5,000)