Wynn Resorts Unveils Plans for $2 Billion Art Museum in Macau
- Theater, two hotel towers are part of expansion plan in China
- Casino operator is also vying for a license to build in Japan
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Wynn Resorts Ltd. unveiled plans for a $2 billion expansion of its properties in Macau, including a theater and museum in the world’s largest gambling market.
The Crystal Pavilion complex, which will be adjacent to the Wynn Palace on the Cotai peninsula, will include two hotel towers, interactive sculptures, gardens and a performance space in a glass and steel structure designed by architect Robert A.M. Stern. Construction will begin in 2021, with an opening set for 2024. The company expects to get as much as a 20% return on the investment.