Ocean 9 casino-hotel devt breaks ground in Subic Freeport
11/25/2008 | 04:50 PM
MANILA, Philippines - Ocean 9 Casino and Hotel Resort, an integrated hotel-resort development which features a convention center, broke ground last week along Subic Freeport’s Waterfront Drive.
To be completed in 2010, the fifteen-storey project will provide jobs for 5,000 workers and will cost some $120 million. It is also expected to attract more tourists in the area.
The structure will occupy a 9,713 square meter area. A secondary building, which will house a three-storey casino, is expected to occupy 4,200 square meters.
Besides offering a central stage for live performances, the structure also features a walkway that could be used for fashion shows, Grand Utopia Inc., the company that proposed the development said.
The casino’s first floor will have 500 gaming tables with each table fitted with an organic light emitting diode (OLED) for visual effects.
One side of the structure’s main hall will have 60 to 120 luxury stores, selling premium items from Italy and France, Grand Utopia Inc., the company that proposed the development said.
“The hotel and casino complex will be built using cutting-edge technology and advanced architectural systems in order to make a unique design that will blend comfort with entertainment," said Moon-Sung Choi, Grand Utopia chairman.
Among those who witnessed the groundbreaking include Choi, Subic Bay Metropolitan Authority (SBMA) Administrator Armand Arreza, Philippine Amusement and Gaming Corp. (PAGCOR) chairman and CEO Efraim Genuino, Olongapo City Mayor James Gordon Jr., Zambales Vice-Gov. Anne Gordon, and representatives of the Korean business community in Subic. - GMANews.TV
To be completed in 2010, the fifteen-storey project will provide jobs for 5,000 workers and will cost some $120 million. It is also expected to attract more tourists in the area.
The structure will occupy a 9,713 square meter area. A secondary building, which will house a three-storey casino, is expected to occupy 4,200 square meters.
Besides offering a central stage for live performances, the structure also features a walkway that could be used for fashion shows, Grand Utopia Inc., the company that proposed the development said.
The casino’s first floor will have 500 gaming tables with each table fitted with an organic light emitting diode (OLED) for visual effects.
One side of the structure’s main hall will have 60 to 120 luxury stores, selling premium items from Italy and France, Grand Utopia Inc., the company that proposed the development said.
“The hotel and casino complex will be built using cutting-edge technology and advanced architectural systems in order to make a unique design that will blend comfort with entertainment," said Moon-Sung Choi, Grand Utopia chairman.
Among those who witnessed the groundbreaking include Choi, Subic Bay Metropolitan Authority (SBMA) Administrator Armand Arreza, Philippine Amusement and Gaming Corp. (PAGCOR) chairman and CEO Efraim Genuino, Olongapo City Mayor James Gordon Jr., Zambales Vice-Gov. Anne Gordon, and representatives of the Korean business community in Subic. - GMANews.TV
