Studio City Macau
| Studio City 新濠影滙 |
|
|---|---|
 |
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| Location | Cotai, Macau, China |
| Address | Estr. Flor de Lotus |
| Opening date | 27 October 2015 |
| Theme | Hollywood |
| No. of rooms | 1,600 |
| Total gaming space | 106,000 sq ft (9,800 m2) |
| Signature attractions | Golden Reel Batman Dark Flight |
| Notable restaurants | Cosmos Food Station |
| Casino type | Land-based |
| Owner |
Silver Point Capital LP Oaktree Capital Management LLC eSun Holdings Ltd. Melco Crown Entertainment (60%) |
| Architect | Goddard Group |
| Website | studiocity-macau |
Studio City is a hotel and casino resort in Cotai, Macau, China. It is Asia's first leisure resort to integrate television and film production facilities, retail, gaming and hotels. It is jointly developed by U.S. investment firms Silver Point Capital LP and Oaktree Capital Management LLC and a Hong Kong entertainment company, eSun Holdings Ltd. In June 2011, Melco Crown Entertainment took over a 60% share of the property developer. Studio City Macau was officially opened on 27 October 2015.
The US$2 billion project was built on Macau's Cotai Strip and opened in 2015.
Taubman Centers was acquiring a 25 percent interest in The Mall at Studio City, the retail component of Macau Studio City, Taubman was to fund an initial cash payment of US$54 million. Taubman's total investment in the project (including the initial payment, allocation of construction debt and additional payments anticipated in years two and five after opening) was expected to be approximately US$200 million. But in August 2009, Taubman announced that it had pulled out of the project, recovering its 25 percent, US$65 million interest in the project's huge shopping mall development, according to www.macaubusiness.com. "Under the established agreement, if the developers, Cyber One, were unable to secure financing within an 18 month period, Taubman would get its 25 percent share back. That's what happened, as the set period expired on August 11," Morgan Parker, Taubman's Asia Pacific region president told www.macaubusiness.com.
Gaming operator Melco Crown Entertainment gained control of the long-delayed Macau Studio City project by buying a 60 percent share in the Cotai resort developer. Melco announced the deal on 16 June 2011 morning and co-chairman Lawrence Ho Yau Lung said at a press conference it would invest USD 1.7 billion (MOP 13.7 billion) in the development.
On 12 January 2015, the chairman of Melco announced that the Studio City resort would open around "mid-year" 2015, adding 1,600 hotel rooms and an intended 400 gambling tables to the Cotai Strip. Inspired by Hollywood, the cinematic-themed resort were to comprise a 30,000-square-foot Family Entertainment Center in collaboration with Time Warner Inc. subsidiaries Warner Bros and DC Comics. Highlighted in the unveiling ceremony, the entertainment center would feature popular DC Comics characters, such as Superman, Wonder Woman and The Flash. Visitors were to be taken on a virtual reality Batman ride in the resort, as well as a 130-meter-tall Ferris wheel.
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Wikipedia