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Completed in 2016 in Cotai, Macau, the floral-themed luxury resort Wynn Palace cost $4.20 billion, featuring an eight-acre performance lake.
Located on the Cotai Strip in Macau, Wynn Palace is an integrated casino and hotel resort developed by Wynn Resorts. Opened in August 2016 following six years of design and construction, the property incurred a capital expenditure of 4.20 billion dollars. Designed by Butler/Ashworth Architects in partnership with Wong & Ouyang, the 28-story curved tower accommodates 1,706 palatial guest rooms, expansive gaming salons, fine-dining restaurants, and upscale retail space. A defining exterior feature of the resort is an eight-acre artificial performance lake equipped with 1,195 programmable water jets and 1,500 lighting units, traversed by an aerial cable car system called the SkyCab. The interior showcases extensive kinetic floral sculptures designed by floral artist Preston Bailey, along with museum-grade antiquities including four Qing dynasty porcelain vases. Adjusted for inflation, the total investment equals 5.22 billion dollars, ranking it among the costliest hospitality developments ever erected in Asia. Ranks tenth globally with a verified construction capital expenditure of $4.20 billion on the Cotai Strip in Macau. Key benchmarks: Nominal Construction Cost: $4.20 billion; Inflation-Adjusted Cost: $5.22 billion; Hotel Guest Rooms: 1,706 rooms; Opening Date: 22 August 2016.
Located on the Cotai Strip in Macau, Wynn Palace is an integrated casino and hotel resort developed by Wynn Resorts. Opened in August 2016 following six years of design and construction, the property incurred a capital expenditure of 4.20 billion dollars. Designed by Butler/Ashworth Architects in partnership with Wong & Ouyang, the 28-story curved tower accommodates 1,706 palatial guest rooms, expansive gaming salons, fine-dining restaurants, and upscale retail space. A defining exterior feature of the resort is an eight-acre artificial performance lake equipped with 1,195 programmable water jets and 1,500 lighting units, traversed by an aerial cable car system called the SkyCab. The interior showcases extensive kinetic floral sculptures designed by floral artist Preston Bailey, along with museum-grade antiquities including four Qing dynasty porcelain vases. Adjusted for inflation, the total investment equals 5.22 billion dollars, ranking it among the costliest hospitality developments ever erected in Asia.
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