Wednesday, August 06, 2014

MGM National Harbor is Expanding

MGM National Harbor in Maryland won't open until 2016, but expansion plans are already being put in place.

MGM Resorts International gave some details about the planned Washington DC area resort on their second quarter earnings conference call.

MGM recently received all the necessary government approvals, and has officially started construction. Maryland based Whiting-Turner has been selected as the general contractor. DC based HKS is the design architect. Smith Group is the architect of record.

The complex will be expanded from 2.8 million to 3.3 million square feet. MGM has also modified the plans to enable even further expansion in the future if demand calls for it.

Total budget for the project has increased from $1 billion to $1.2 billion.

MGM Resorts International has high hopes for MGM National Harbor. The company expects it to be one of the most successful US resorts outside of Las Vegas.