In 2011, the commonwealth of Massachusetts lifted the ban on casinos and opened the floodgates for legalized gambling. It took a few years, but several companies are finally stepping up with significant investments in large resorts and casinos that should help change the financial future of Massachusetts.
The more immediate economic impact of casino projects will be the thousands of construction jobs that will be created. While Penn National Gaming prepares to open its $225 million race track and slot machine facility, MGM announced recently that it will complete the first major casino project by 2017.
The MGM Resort Casino In Springfield, MA
The first Las Vegas-style resort casino breaks ground on March 24, 2015 and will be built by MGM. The project will represent a total investment by MGM of $800 million and will initially result in over 2,000 construction jobs. MGM officials estimate that the finished resort casino will employ over 3,000 people full-time.
Boosting The Construction Industry
The Bureau of Labor Statistics estimates that the national construction industry will add approximately 30,000 construction jobs this spring. Massachusetts is a commonwealth that has embraced the construction industry and has become a leader in areas such as environmentally-friendly construction methods and materials. Any projects that can boost this projected growth and take advantage of the new methods that Massachusetts is embracing will create a positive and significant economic impact.
More Casinos Planned
In an effort to continue the positive boost to the Massachusetts economy through more construction jobs, it was revealed that more large-scale casinos are planned for the future. Wynn Resorts is an international casino and resort corporation and it plans on putting a $1.7 billion resort casino in the Boston suburb of Everett. While Wynn Resorts has not broken ground on its project yet, the company is still hoping for a 2017 completion date to give some competition to MGM.
Commercial Construction Benefits Massachusetts
One of the ongoing themes for the Massachusetts construction industry has been the desperate need for more residential living space, but the state has slowed down the process of approving residential building permits. Still, Massachusetts looks to expand its economy through construction by the introduction of major commercial construction projects such as the MGM resort casino.
Take Advantage Of Massachusetts Construction
Despite a slowdown in the state’s residential building permit approvals, the commonwealth of Massachusetts is still a hotbed for residential and commercial construction. If you are looking to advance your construction career, then Massachusetts offers you plenty of opportunities to do so. You can get started by checking out the classes offered by the Massachusetts Contractors Academy and get your residential construction supervisor’s license right away.
With a residential construction supervisor’s license, you will be at the forefront of Massachusetts construction and be in control of your career. As the construction industry continues to advance in the commonwealth of Massachusetts, the proactive construction professionals are taking the time to check out the Massachusetts Contractors Academy to get their supervisors’ licenses and get to work right now.
George N Root III is a professional freelance writer who has expertise in topics such as Internet marketing, business, advertising, and personal finance.