massachusetts gaming commission project update...
TRANSCRIPT
Massachusetts Gaming Commission
Project Update
March 5, 2015
Agenda
Activity since licensure
Construction Sequencing Diagram
Construction Schedule
Enabling Works
Outreach Activities
Project Delivery Method (CM v. GC)
Historic Commission
Activity Since Licensure
Paid $85 million licensing fee
Issued $52 million construction bond
Closed on ~$50 million of land
$1.75 million in SC payments
Submitted Diversity Plan to MGC
Hired first Project Employees
Vacating the site
Issuing Initial Construction Contracts
New Hires
New Hires
Conducting extensive tenant coordination meetings Commenced lease termination and tenant relocation process Retained tenant relocation consultant $750k in tenant payments
Site Preparation
Construction
The project timeline and other schedules included in this
presentation are for discussion purposes only and subject to further
modification. The final project timeline will be submitted to and
approved by the Commission pursuant to 205 CMR 135.02.
Schedule
Entitlements
Historic Commission
Update
Massachusetts Gaming Commission
Project Update
March 5, 2015