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MGM Grand Detroit

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MGM Grand Detroit
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{{Short description|Casino resort hotel in Detroit, Michigan}}{{Use mdy dates|date=June 2013}}







factoids
Detroit, Michigan 48226| image = MGMGrand Detroit1.jpg| rooms = 401Vici Properties| license_holder = MGM Resorts International| casino_type = Land-based| renovations =| names_pre =weblink}}}}The MGM Grand Detroit is one of three casino resort hotels in Detroit, Michigan, and one of four in the Detroit–Windsor area. It is owned by Vici Properties and operated by MGM Resorts International. The casino opened in its temporary location on July 29, 1999. The permanent, luxury resort hotel opened on October 3, 2007, with a grand event which included models and celebrities including Ashanti, Kid Rock, and fireworks.Detroit is one of the largest American cities and metropolitan regions to offer casino resort hotels.Mink, Randy, and Karen Mink (July 2001).Detroit Turns 300 - Detroit 300 Festival. Travel America, World Publishing Co., Gale Group.

History

In 2005, the MGM Grand Detroit Casino was the subject of a possible sale when parent company MGM MIRAGE announced that it was acquiring rival casino company Mandalay Resort Group, owners of the MotorCity Casino. Due to Michigan state gaming laws prohibiting casino owners from acquiring or owning more than one casino in the state, MGM Mirage was forced to sell either the MGM Grand Detroit or the MotorCity casino. MGM MIRAGE had several serious buyers for the MGM Grand Detroit, but ultimately sold the MotorCity Casino to Marian Ilitch.WEB, Richard L., Johnson,weblink MGM MIRAGE and Mandalay Resort Group Selling Mandalay's 53.53% Interest in the MotorCity Casino for Approximately $525 million, Hotel-online.com, 2005-03-23, 2013-12-05, On December 13, 2005, the Michigan Gaming Control Board approved MGM Grand's plans for a permanent casino with {{convert|100000|sqft|m2}} of casino space, 401 hotel rooms, and an eight-story self-parking garage to be located on John C. Lodge Freeway and Bagley Street, three to four blocks from the temporary casino. The facility has {{convert|30000|sqft|m2}} of meeting space for conferences and live performance seating for 1,200. The Casino also rebuilt 3rd Street into a two way boulevard to facilitate traffic movement around the site.The permanent casino opened to the public on October 3, 2007. The grand opening celebration attracted Hollywood stars. A Celebrity Poker Match was taped there for a televised release at a later date. The MGM Grand Detroit stands across from the DTE Energy Headquarters which includes a reflecting pool and landscaped areas.Designers on the project include the joint venture of Hamilton Anderson Associates and the SmithGroup, both of Detroit, Cleo Design of Las Vegas, Carol Harris of Detroit, Lawrence Lee of California, Toni Chi of New York, and Super Potato out of Japan. The lead architects were Paul Tonti of the SmithGroup and Thomas Sherry of Hamilton Anderson Associates. In 2007, DTE Energy announced a major transformation of the area around its downtown headquarters into an urban oasis with parks, walkways, and a reflecting pool adjacent to the MGM Grand Detroit.NEWS, DTE creating urban oasis,weblink July 4, 2007, Eric, Morath, Detroit News,weblink" title="web.archive.org/web/20070928034741weblink">weblink September 28, 2007, Downtown Detroit Partnership, Just across the river, Caesars Windsor attracts about six million visitors annually.Cordiano, Joseph (February 15, 2005). Government of Ontraio invests in a competitive Casino Windsor {{webarchive|url=https://web.archive.org/web/20071230200019weblink |date=December 30, 2007 }}.Ontario Ministry of Economic Development and Trade. Retrieved on October 28, 2007."Casino Windsor attracts around six million visitors each year and is a key driver of the local economy." More than fifteen million people cross the Ambassador Bridge and the Detroit-Windsor Tunnel annually.Trade Point Detroit Windsor. Retrieved on May 24, 2009. An estimated 46 million people live within a 300-mile (480 km) radius of Metro Detroit.Cities located close to Detroit.Time and Date world clock distances. Retrieved on September 2, 2007.NEWS, Audi, Tamara, September 26, 2007, What Happens in Detroit, The Wall Street Journal, B6, "But the market at issue, as MGM Mirage sees it, includes a {{convert, 300, mi, km, on, radius of potential overnight clients across the region,"}} Since 2000, the city has seen continuous annual increases in tax revenues from its casinos; the city estimates it will collect $178.25 million in casino taxes alone for 2007, with the casino resorts open in 2008.City of Detroit General Fund -Percent Change in major Revenue Sources {{webarchive| url=https://web.archive.org/web/20070927214205weblink |date=September 27, 2007 }}. City of Detroit 2006-07 BudgetOwnership of MGM Grand Detroit, along with many other MGM properties, was transferred in 2016 to MGM Growth Properties (which was later acquired by Vici Properties in 2022), while MGM Resorts continued to operate it under a lease agreement.PRESS RELEASE, MGM Growth Properties LLC announces closing of initial public offering and full exercise of underwriters' option to purchase additional shares, MGM Growth Properties, April 25, 2016,weblink PR Newswire, 2022-05-08, NEWS, Casino landlord Vici closes $17B buyout of MGM Resorts spinoff, Las Vegas Review-Journal, Eli Segall, May 2, 2022,weblink 2022-05-08, On May 17, 2017, Chris Cornell, the frontman of the grunge band Soundgarden was found dead with a "band around his nape of neck" in his room after performing at the Fox Theatre. Officials ruled his death a suicide by hanging.NEWS, Police: Chris Cornell found dead in Detroit with 'band around his nape of neck',weblink Perry A., Farrell, Elisha, Anderson, Detroit Free Press, May 18, 2017, August 2, 2017,

See also

References

{{Reflist|2}}

External links

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  • (Media:Detcasinorev.jpg|Wikimedia graph of Detroit's casino revenues){{Coord|42|20|1|N|83|3|37|W|type:landmark|display=title}}
{{Downtown Detroit}}{{MGM Mirage}}{{Architecture of metropolitan Detroit}}{{Theatre in Detroit}}{{Hotels in metropolitan Detroit}}{{Casinos in Michigan}}

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