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Friday, 29 May 2015 11:07

Saratoga Casino and Raceway Breaks Ground on $34 Million Hotel Expansion

By | News

SARATOGA SPRINGS – Saratoga Casino and Raceway officially broke ground May 27 on its $34 million hotel expansion during a ceremony with local and state officials including Assemblywoman Carrie Woerner, Saratoga County Board of Supervisors Chair Matt Veitch and Saratoga Springs Mayor Joanne Yepsen. 

"This is a transformational project," said Dan Gerrity, President of Saratoga Casino and Raceway. "This hotel will give guests something they've been long requesting, and will allow us to remain a competitive economic driver in the region for years to come." 

The project is estimated to generate more than $5.4 million in statewide economic output and $1.75 million in state and local tax revenues. The yearlong construction process will create an estimated 400-500 temporary union construction jobs.  Upon opening in 2016, an additional 200-300 good paying career path jobs with benefits will be created. Currently, Saratoga Casino and Raceway employs 400 full time and 200 part time employees in the Capital Region.

The 123,000 square foot expansion will add a 4-star quality hotel to the existing facility. Amenities in the 108-room hotel will include an indoor pool and fitness center, lobby bar, meeting rooms and signature fine dining restaurant. 

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