By Josh Beckerman
The backers of Caesars Palace Times Square submitted an official proposal that includes converting an office building at 1515 Broadway into a casino and 992-room five-star hotel.
Caesars Entertainment, SL Green Realty and Jay-Z's Roc Nation have been working on the plan. On Friday, the companies said Live Nation is also part of the effort.
The companies said the plan includes $5.4 billion in total direct investment. They said the project would directly support more than 3,000 construction jobs and 3,800 permanent Caesars Palace Times Square jobs.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
06-27-25 1801ET


















