Solaire Resort & Casino

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Coordinates: 14°18′44″N 121°35′05″E / 14.3123°N 121.5848°E / 14.3123; 121.5848

Solaire Resort & Casino
Solaire Resort logo.png
SolaireResort&Casinojf0966 04.JPG
Location Entertainment City, Barangay Tambo, Parañaque City, Philippines
Address 1 Asean Boulevard
Opening date Phase 1
March 16, 2013
Phase 1A
2014
No. of rooms Phase 1
488
Phase 1A
308
Total gaming space 18,500 m2 (199,000 sq ft)
Notable restaurants STRIP Steakhouse
Finestra
Red Lantern
Casino type Land-based
Owner Bloomberry Resorts and Hotels/Sureste Properties, Inc.
Operating license holder PAGCOR
Website solaireresort.com

Solaire Resort & Casino (formerly known as Solaire Manila) is a resort complex which includes a five-star hotel with 488 rooms; it was the first casino and hotel to be located in the Entertainment City complex along the Bay City area of Parañaque City, Philippines. It was opened on March 16, 2013 (492 years exactly to the day Ferdinand Magellan landed in the Philippines), and became the tallest hotel in the Manila Bay area outside Manila, a distinction previously held by Sofitel Philippine Plaza.[1]

The entrance of the Solaire Resort & Casino.

Overview[edit]

Solaire Resort & Casino is the first development to break ground in the state-owned Entertainment City. The 120-hectare (300-acre) reclaimed area has been designated as a special economic zone by the Philippine Economic Zone Authority.[2]

The resort is run by Bloomberry Resorts and Hotels Incorporated, a subsidiary of Sureste Properties, Inc. (formerly Bloombury Investments Holdings Inc), headed by Enrique K. Razon Jr., chairman of the Manila-based company, International Container Terminal Services Incorporated.[3] The project was given an investment of $1.2 billion.[4]

History[edit]

After Resorts World Manila was built on August 2009, the Philippine Government wanted to add more casino-resort complex to attract more tourists around the world. PAGCOR awarded the license to Bloomberry Resorts and Hotels Incorporated in 2009; it was launched as "Solaire Manila", and broke ground on July 2010. The hotel tower was topped out in June 2012 alongside the parking garage. In October 2012, Solaire Manila was renamed "Solaire Resort & Casino" and Phase 1 was completed in the 1st quarter of 2013. On March 16, 2013 3:00PM, The complex was inaugurated by President Benigno Aquino III, Enrique Razon Jr., PAGCOR Chairman Cristino Naguiat and former Paranaque Mayor Florencio Bernabe, Jr. in a button pressing ceremony. After the ceremony, Live concerts were held at the Eclipse Lounge.[citation needed]

Development[edit]

The complex, covering a total of 8.3 hectares (21 acres), houses a 5-star hotel with 500 rooms and a 1,000-seat grand ballroom. The complex includes 18,500 square metres (199,000 sq ft) gaming area containing 1,200 slot machines and 300 gaming tables. The complex features world-class convention facilities as well as leisure, live entertainment, dining and retail hubs.[5] The construction for the Phase 1A expansion has started. The project includes A 2nd parking Building, A Broadway with 1,800 seats and retail space of 60,000 square meters. It will also add more 308 suite rooms, a night club and more restaurants. Phase 1A will finish by 2014[6]

Solaire Resort & Casino was managed under a five-year contract by American firm Global Gaming Asset Management,[7] which owns a 9 percent stake in the project[8] until September 2013.[9] Solaire's COO Michael French was replaced by former Marina Bay Sands CEO Thomas Arasi.[10] Solaire Resort & Casino was designed by architect and designer Paul Steelman of Las Vegas based Steelman Partners [11] with interior design provided by Steelman Partners affiliate company DSAA (Dalton, Steelman, Arias & Associates) and the interior lighting design by affiliate shop12.[12]

References[edit]

  1. ^ "Solaire Resort & Casino to open by 1st quarter of 2013". ABS-CBN News. Retrieved March 13, 2013. 
  2. ^ “Making a Play for Philippines as a Gambling Mecca” [1] Wall Street Journal. Retrieved 20 May 2012
  3. ^ ^“Enrique Razon’s Shipping Play”[2] Forbes. Retrieved 20 May 2012
  4. ^ "Manila challenges Macao with $1.2b casino". Investvine.com. 2013-03-16. Retrieved 2013-03-17. 
  5. ^ “Razon’s Bloombury project on track” [3] Philippine Daily Inquirer. Retrieved 20 May 2012
  6. ^ "Bloomberry aims to complete first expansion of Solaire in Q3 2014". BusinessMirror. Retrieved March 19, 2013. 
  7. ^ James A. Loyola (5 April 2012). "Bloomberry Taps GGAM For Casino". Manila Bulletin. Retrieved 2012-12-31. 
  8. ^ Jenniffer B. Austria (27 December 2012). "Global Gaming acquires 8.7% of Bloomberry". Manila Standard Today. Retrieved 2012-12-31. 
  9. ^ Doris C. Dumlao (13 September 2013). "Bloomberry fires Solaire COO". Philippine Daily Inquirer. Retrieved 2013-10-03. 
  10. ^ Jennifer B. Austria (2 October 2013). "Solaire hires ex-Marina Bay Sands chief". Manila Standard. Retrieved 2013-10-03. 
  11. ^ "Bloomberry's Solaire Resort & Casino to open in March". abs-cbnnews.com. Retrieved 8 February 2013. 
  12. ^ "Steelman Partners Announces the Creation of Several New Companies". Retrieved 17 April 2013. 

External links[edit]