Bally’s Corporation has recently made significant strides in its ambition to establish a casino adjacent to its golf course, Bally’s Golf Links at Ferry Point in The Bronx. The path forward became clearer when New York Governor Kathy Hochul authorized a critical measure on June 13, allowing the state Legislature to reallocate parkland for casino development. This legislative action was essential as it coincided with an impending deadline for bidding on one of up to three casino licenses in and around New York City, with applications due on June 27. Bally’s chairman, Soo Kim, expressed gratitude for this opportunity, emphasizing the importance of engaging with the Bronx community and local leaders about the project’s vision.
The anticipated project is poised to be transformative, promising the creation of thousands of jobs, heralded as the largest economic development effort in the Bronx’s history. Bally’s plans to construct a 500,000-square-foot casino, complemented by a 500-room hotel equipped with a spa and meeting facilities, retail shops, and a 2,000-seat event center. Additionally, the development would include parking garages capable of holding up to 4,660 vehicles, positioning the site as a significant hub of activity in the area. The economic benefits are seen as significant not only for the Bronx but also for New York City as a whole.
However, despite the initial legislative approvals, Bally’s still faces hurdles. The company requires the New York City Council to approve further zoning changes through the Uniform Land Use Review Procedure (ULURP) to proceed with development. The measure has garnered mixed reactions, reflecting a tension between the potential economic benefits and community concerns about the implications of having a casino in the area. While the Bronx Community Board 10 significantly opposed the zoning amendment with a vote of 29 to 5 against it, there remains a contingent of Bronx Democrats who support the casino, citing job creation and economic revitalization.
Opposition to the project is notable, particularly from local representatives. Councilwoman Kristy Marmarato, a Republican whose district encompasses Bally’s Golf Links, is a vocal critic of the casino proposal. This opposition underscores the complexities involved in urban development, particularly in a community that has historically experienced economic challenges. Furthermore, concerns have arisen regarding the financial arrangements between Bally’s and the Trump Organization, particularly amid a lease deal that could see the latter receiving an additional $115 million should Bally’s secure a casino license at the location.
As the situation unfolds, the Bronx community’s response remains mixed. Supporters envision an influx of jobs and economic opportunities, while detractors emphasize the need for careful consideration of the social implications associated with casino operations. Issues surrounding gambling addiction, crime, and the overall cultural impact of a casino in the Bronx are central to the debate. The local sentiment reflects a broader discourse about balancing economic growth with community wellness and ethical considerations.
In conclusion, the path forward for Bally’s project is anything but certain. Although recent legislative actions have provided a foothold for advancing the casino proposal, the challenge of garnering local support through community engagement and navigating the intricate zoning approval process remains. The broader implications for the Bronx, encompassing economic development, community identity, and social responsibility, will be pivotal in shaping the final outcome of this ambitious project. As the bidding deadline approaches, the stakes are high for all involved, signaling a critical moment for the future of Bally’s and the Bronx community alike.
