Seminole Hard Rock to Spend $2.4B Expanding Florida Casinos
The Seminole Tribe of Florida quietly announced plans to invest a record $2.4 billion into their two flagship properties in Tampa and Hollywood, Florida. The first project planned under the reinvestment strategy will see the Tampa casino property remodeled and dramatically expanded.
The $700 million expansion project at Hard Rock Hotel & Casino Tampa will be completed sometime in 2019. Features of the project include an expanded gaming floor with roughly 200,000 square feet of gaming space, 800 hotel rooms including 79 new hotel suites, and a new private VIP suite with its own check-in options and private elevators.
Property upgrades include the addition of three new outdoor swimming pools, one of which will measure the size of a football field. Accompanying the new pools will be a new 120-seat Pool Grille restaurant and bar.
For Florida, the expanded facility means around 1,000 new part-time and full-time jobs, along with 2,000 construction jobs over the next two years, and those are just the jobs created by and for the actual casino.
Economists say the total number of new jobs that will result from the project is closer to 6,000. They estimate another 1,200 permanent jobs will be created in throughout the community as a result of the expansion, along with 2,268 temporary or indirect construction jobs for roadwork and other infrastructure needs indirectly related to the project.
The Seminole Tribe released a statement about their hiring plans for the expansion, saying they value their team members and the expansion will offer them more growth opportunities.