The next phase of Hudson Yards will represent the first partnership between globally respected leaders in hospitality and residential/retail development: Wynn Resorts and Related Companies with Oxford Properties Group. Each of these award-winning visionaries has been recognized for its focus on superior quality, sophisticated design, innovative employee programs and a proactive, ongoing commitment to diversity, inclusion and sustainability issues. Now Wynn Resorts and Related Companies with Oxford Properties Group are joining forces to create a game-changing experience that promises to further enhance and elevate Manhattan's West Side.
Wynn and Encore Las Vegas feature two luxury hotel towers offering 4,748 guest rooms, suites and villas, 34 fine and casual restaurants, and approximately 174,000 square feet of retail space, 513,000 square feet of meeting space, and 194,000 square feet of casino space.
Wynn and Encore Macau’s pair of luxury hotel towers feature 1,010 guest rooms and suites, 14 fine and casual restaurants, and approximately 64,300 square feet of retail space, 31,000 square feet of meeting space, and 294,000 square feet of casino space.
A multifaceted luxury resort on Macau’s Cotai Strip, Wynn Palace offers 1,706 guest rooms, suites and villas and was designed as Macau’s ultimate luxury destination. Wynn Palace features 14 fine and casual restaurants, an extensive retail esplanade, an outdoor pool deck and approximately 37,000 square feet of meeting space and 468,000 square feet of gaming space.
The largest private, single-phase development in the Commonwealth of Massachusetts’ history, Encore Boston Harbor is located in Everett, adjacent to Boston along the Mystic River. The resort’s luxury hotel tower offers 671 guest rooms and suites, 16 fine and casual restaurants, and approximately 9,000 square feet of retail space, 71,000 square feet of meeting space and 213,000 square feet of gaming space.
Yesterday & Today
$60+ Billion Real Estate Portfolio: Owned, and/or managed, and under construction
54,000+ affordable and workforce apartments
7,350+ luxury condominiums
9,600+ luxury rental apartments
Focus on Gateway Cities: New York, Chicago, Los Angeles, Boston, San Francisco, Washington D.C., Austin, and London
Innovator in Mixed-Use Development: Hudson Yards, Deutsche Bank Center (formerly Time Warner Center), The Grand Los Angeles, and Brent Cross Town
Nearly 35 Million SF of Commercial Space: Including retail, office, and hotel
Developer of Hudson Yards, New York: The largest private real estate development in US history, 28 acres, including 20 million SF development
Related Companies is one of the largest developers and preservationists of affordable and workforce housing in the country, having built and preserved homes for over 50 years. With more than 54,000 affordable residences in cities across America, Related prioritizes the purchase, rehabilitation, and preservation of developments that might otherwise have become market rate.
Related specializes in developing and managing world- class headquarter buildings and Lifestyle Office space tailored to the needs of leading corporations.
Related provides an extraordinary living experience for more than 71,000 units through inspired architecture, design, amenities and lifestyle benefits in world-class locations.
Related develops and acquires full-service luxury, resort, boutique and convention center hotels differentiated by unique food & beverage concepts, smart programming and creative design.
Upscale urban complexes featuring retail, restaurants and entertainment/cultural venues with award-winning residential, hotel and office structures surrounded by outdoor green space.
Wynn Resorts and Related Companies' commitment to our planet, people, and community guides all business practices. Both companies share our efforts annually in our Environmental, Social, and Governance Report and Corporate Responsibility Review, available here (Wynn Resorts) and here (Related Companies). In these reports, we highlight our companies’ positive impacts on the communities in which we serve and our long-term goals of doing the right thing for the planet.
Wynn Resorts and Related Companies’ commitment to our planet, people, and community guides all business practices. We share our efforts annually in our Environmental, Social, and Governance Report and Corporate Responsibility Review, available here for Wynn Resorts and here for Related Companies. In these reports, we highlight our companies’ positive impacts on the communities in which we serve and our long-term goals of doing the right thing for the planet.
Wynn Resorts has established three main goals to address climate change.
In 2023, we powered our resorts in North America with 29 percent renewable energy as part of our ongoing investment in energy independence.
75 percent of peak consumption at Wynn Las Vegas comes from our solar energy facility.
To reduce or offset all carbon dioxide (CO2) our operations produce by 2050.
Stop and reverse year-over-year operational carbon dioxide (CO2) emissions growth by 2030.
To increase Wynn’s supply of renewable energy produced or procured to at least 50 percent of total consumption by 2030.
Related is a champion of environmentally conscious real estate. We continuously advance the design, construction and operation of our properties to reduce their environmental footprint. We promote density to create the critical mass necessary to support public infrastructure and transportation, culture and the arts, retail and restaurants – the amenities that underpin social exchange and interaction. But we are also careful to balance density with areas for escape, reflection and relaxation and the infrastructure necessary to manage traffic, emissions, storm water, waste and noise.
Related proactively takes actions to reduce energy use through efficient design and retrofit standards and renewable energy production; controls price volatility through energy management and distributed generation; and minimizes regulatory risk through portfolio level analysis and improvement.
Our Basis of Design (BOD) for new developments and major renovations within New York City commercial, retail, and market-rate and workforce multifamily subsectors includes requirements for energy use reduction and better than energy code improvements to envelope, HVAC, domestic hot water, electrical, lighting and control systems.
Hudson Yards’ Eastern Yard was the first neighborhood in Manhattan to receive LEED Neighborhood Development Gold (LEED-ND) certification. Highlighted by its innovative microgrid, a rainwater reclamation system saving 10 million gallons of drinking water annually, as well as public transportation linkages and pedestrian-friendly community design, this Gold certification furthers Hudson Yards’ position as one of the most sustainable, connected and forward-thinking urban neighborhoods in the country. Wynn New York City falls within the framework for the healthiest and most efficient building possible.
Wynn Resorts and Related Companies believe we all share an inherent responsibility to care for and support one another. As a result, we continually enhance our programs to recruit and retain talent, make significant reinvestments in our people, and provide a diverse and inclusive environment accepting all.
At Wynn Resorts, our Diversity and Inclusion Strategic Plan, which is created around our Core Value of “Treat Everyone with Dignity and Respect,” focuses on operating as a respectful workplace, welcoming marketplace, and inclusive community partner. Through our Historically Black Colleges and Universities (HBCUs) recruitment program, we drive diversity in mid-level management to build toward the executive level.
Our workforce includes many three-generation working families and “day one” employees. We also believe in a “promote from within” culture, with more than 65 percent of open supervisor and above positions filled by internal candidates. We also continually advance our learning and professional development programs. Our CLIMB program identifies high-potential managers across department operations for a professional development certificate program.
At Related Companies, our people are drive by six core values:
Create Opportunity for Communities & Colleagues
Lead with Passion and a Vision for the Future
Act with Integrity
Innovate with Purpose
Have a Positive Impact
Deliver an Exceptional Customer Experience
Wynn Resorts and Related Companies knows that the singular guest and resident experiences for which we are known can only be created by happy employees at work and at home. Many companies give to national causes—instead, we focus on the communities where our employees live and concentrate our giving within the corporate giving pillars of education, cultural enrichment, and vibrant communities.
Through the Wynn Resorts Foundation and Related Cares, our employees donate to their favorite causes, and we match those contributions with a philosophy that, if it is important to our people, it is essential to our Companies. This care for our community extends to our day-to-day business operations.
At Wynn Resorts, responsible gaming and marketing are an integral part of our daily operations, and we extensively train our employees in policies and procedures related to recognizing and addressing this issue. Wynn Resorts sponsors the International Center for Responsible Gaming (ICRG), a research and educational organization aimed at reducing gambling-related harm worldwide, and the National Council on Problem Gambling (NCPG), an organization that advocates for programs and services to assist those affected by problem gambling.
Wynn Resorts partners with mission-aligned organizations and provides financial support to those bringing awareness to and supporting victims of human trafficking. We train our employees on human trafficking prevention and security response procedures using a curriculum developed in partnership with organizations that aim to eradicate human exploitation. Our methods are practiced with a victim-centric and empathetic understanding of human trafficking. Wynn Resorts donates to many local, national, and international trafficking prevention nonprofits.
Wynn Resorts was founded in 2002 with an initial focus on the design, construction and operation of full-service luxury resorts in Las Vegas, Nevada and the Special Administrative Region of Macau in the People’s Republic of China. In subsequent years Wynn Resorts has expanded and grown to include Boston, Massachusetts, and opening in 2027, Wynn Al Marjan Island in the United Arab Emirates.
Today the six resorts in the Wynn portfolio have been recognized with a wide range of awards recognizing excellence in the hospitality and culinary industries, including Forbes Travel Guide, Fortune magazine, Travel + Leisure, Conde Nast Traveler, Michelin Guide and USA Today.
Wynn Resorts, Limited is traded on the Nasdaq Global Select Market under the ticker symbol WYNN and is part of the S&P 500 Index. Wynn Resorts owns and operates:
Hudson Yards is the newest neighborhood on Manhattan’s West Side developed by Related Companies and Oxford Properties Group. A template for the future of cities, Hudson Yards is Manhattan’s first LEED Gold Certified Neighborhood; home to leading retail brands in every category from luxury to fast fashion, and first-ever stores from popular online retailers; restaurants and food experiences by world-renowned chefs and restaurateurs; dynamic cultural institutions and attractions including Edge, Vessel and The Shed; modern residences offering unparalleled amenities; more than five acres of public plazas, gardens, and groves; the world’s first Equinox Hotel; state-of-the-art commercial office space for industry leaders including KKR, Tapestry, BlackRock and more; and eventually a new 750-seat public school. For more information on Hudson Yards, please visit HudsonYardsNewYork.com
Related Companies is a global real estate and lifestyle company defined by innovation and the most prominent privately-owned real estate firm in the United States. Formed 50 years ago, Related is one of the largest private owners and preservationists of affordable housing in the U.S. and a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisition, management, finance, marketing, and sales. Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, Washington, D.C., Abu Dhabi and London, and boasts a team of approximately 4,000 professionals. With over $60 billion in assets owned or under development including the 28-acre Hudson Yards neighborhood on Manhattan’s West Side, The Grand LA and Related Santa Clara in California and The 78 in Chicago. Related was named to Fast Company Magazine’s list of the 50 Most Innovative Companies in the World. For more information about Related, please visit Related.com.
Oxford Properties Group (“Oxford”) is a leading global real estate investor, developer and manager. Established in 1960, Oxford and its portfolio companies manage approximately C$84 billion of assets across four continents. Oxford’s owned portfolio encompasses office, logistics, retail, multifamily residential, life sciences, hotels, alternatives and credit in global gateway cities and high-growth hubs. A thematic investor with a committed source of capital, Oxford invests in properties, portfolios, development sites, debt, securities and real estate businesses across the risk-reward spectrum. Together with its portfolio companies, Oxford is one of the world’s most active developers with over 70 projects currently underway globally across all major asset classes. Oxford is owned by OMERS, the Canadian defined benefit pension plan for Ontario's municipal employees.