NEWS FOR IMMEDIATE RELEASE
Contact: Vicki Bendure, APR
National Harbor Welcomes MGM National Harbor
Casino enhances National Harbor’s portfolio of offerings, brings employment and economic growth to Washington, D.C region
NATIONAL HARBOR, Md., Dec. 8, 2016—When Milt Peterson, principal and chairman of Peterson Companies, first laid eyes on the 350-acre National Harbor site he recognized its potential. Since that time, a micro-city has risen on the site with features including seven hotels, more than 160 retail shops and more than 40 restaurants. The property is also perfect for meetings and conventions with more than 3,300 hotel rooms and more than half-a-million square feet of meeting space. Upon completion, the property will also have one-million square feet of class “A” office space; one-million square feet of retail, dining and entertainment space and 2500 residences including townhomes, manor homes, condominiums and apartments. Currently, there are 1500 residents at National Harbor. Now, National Harbor is proud to welcome the addition of MGM National Harbor.
“MGM National Harbor will be transformational for the region,” said Jon Peterson, principal with Peterson Companies, the developer of National Harbor. “Not only does MGM National bring new employment opportunities (almost 4,000 jobs) and tax revenue, including millions of dollars for education, the venue will also have positive impact on other businesses surrounding National Harbor.”
Peterson and National Harbor have worked closely with other stakeholders in implementing more than $10 million in road improvements in the region and will continue to make improvements. “With the addition of MGM National Harbor, the property becomes one of the largest examples of public/private partnership in the Mid-Atlantic,” Peterson explained. MGM is a catalyst for economic development in the area and existing hotels and restaurants are investing millions of dollars in improvements such as Gaylord National’s new 24,000 square foot ballroom on the Potomac (in addition to their already 50,000 sq. ft. ballroom.)
To date, National Harbor is about 50 percent complete. Upon completion, National Harbor will hold more than 7.3 million square feet of master planned mixed-use community. “There is more to come,” said Peterson. “National Harbor is on chapter six of a 12 chapter book.”
MGM National Harbor not only brings a significant casino but also signature restaurants, retail, hotel and meeting space, and a theater for top entertainment—all in a very high-end environment. “While we are excited about all this new world-class venue has to offer, we are also energized by what this means for the county, region and visitors from around the world,” added Peterson.
National Harbor has grown considerably over the past eight years, since Gaylord National Resort & Convention Center first opened. It was later followed by the opening of Tanger Outlets as well as additional downtown shopping, restaurants, residential and office buildings.
“There are few places in the world that have been able to effectively plan and build out a community of this magnitude, in this amount of time and with such unique tenants—all on one of the most valuable pieces of waterfront in the Washington, D.C. region.” Peterson added.
Because National Harbor hosts more than 12 million visitors annually, it recently launched its own convention and visitors association—Visit National Harbor. MGM National Harbor, Gaylord National Resort & Convention Center and Tanger Outlets are the primary partners in the association.
For more information on National Harbor, go to www.NationalHarbor.com.
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About National Harbor
Rising from the banks of the Potomac River, just south of the Woodrow Wilson Bridge in Prince George’s County, Md., National Harbor is a vibrant, unique community with a stellar location and a wide variety of attractions. Just a short distance from Old Town, Alexandria and downtown Washington, D.C., the 350-acre mixed-use development features seven hotels (including the Gaylord National Resort & Convention Center and MGM National Harbor), offices, residential, tree-lined streets with more than 160 shops and more than 40 restaurants, iconic attractions such as the Capital Wheel and National Harbor Carousel, and much more. With so many attractions, National Harbor has become a prime destination for locals, visitors, special events, corporate meetings and conferences. More than 12 million visit annually. The community also provides an array of waterfront activities (including a water taxi, two 700-ft. piers and 62 boat slips), special events and spectacular sunsets. For more information, www.NationalHarbor.com.