Borgata $547 Million Expansion Begins As reported by the Globe St.: "The two original builders of the Borgata Hotel, Casino & Spa have gotten the assignment to construct the two-phased expansion of the sprawling complex in this city's Marina District. The selection signals the start of work on the expansion, which was announced last fall and carries a price tag of $547 million. The property is 50-50 owned by Boyd Gaming and MGM Mirage of Las Vegas, and managed by Boyd. "Yates Construction, based in Philadelphia, MS, and Tishman Construction of New Jersey, with offices in Newark and Atlantic City, will collaborate to manage construction of the massive expansion program. "…Work on the first phase is starting immediately, comprising a low-rise wing attached to the property's existing low-rise section. At a cost of $200 million, it will add casino space, two nightclubs, retail space and several restaurants, including Wolfgang Puck Café, Bobby Flay Steak and Michael Mina Seablue, according to Borgata officials. The phase is expected to be ready to open by mid-2006…"
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