Jacobs Selected as Executive Architect and Engineer for New Wynn Resorts in Everett
February 17 2015 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it
has been selected as Executive Architect and Engineer for the new
Wynn Resorts development in Everett, Mass.
Company officials did not disclose the contract value.
Under the terms of the contract, Jacobs is leading a local team
of architects and engineers assembled to take on the technically
complex assignment of converting a former industrial site on the
Everett waterfront to a $1.6 billion luxury resort that is being
designed to echo grand hotels of the past.
The proposed Wynn Everett casino complex is located on the banks
of the Mystic River, neighboring Boston Harbor. The 3.3
million-square-foot resort is expected to feature a 24-story luxury
hotel, casino, conference facilities, high-end restaurants, spa,
retail shops, underground parking, a central utility plant, and
extensive landscaping including a river walk.
Construction is expected to begin by late summer of 2015 with a
grand opening targeted for first quarter 2018.
In making the announcement, Jacobs Group Vice President Tom
McDuffie stated, “We are pleased to work with the Wynn team and are
excited about the opportunity to bring our experience to this
fast-paced and technically demanding urban mixed-use project.”
Jacobs is one of the world's largest and most diverse providers
of technical professional and construction services.
Statements made in this release that are not based on historical
fact are forward-looking statements. We base these forward-looking
statements on management’s current estimates and expectations as
well as currently available competitive, financial and economic
data. Forward-looking statements, however, are inherently
uncertain. There are a variety of factors that could cause business
results to differ materially from our forward-looking
statements. For a description of some of the factors which may
occur that could cause actual results to differ from our
forward-looking statements please refer to our 2014 Form 10-K, and
in particular the discussions contained under Items 1 - Business,
1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's
Discussion and Analysis of Financial Condition and Results of
Operations. We do not undertake to update any forward-looking
statements made herein.
Jacobs Engineering Group Inc.Michelle Jones626.578.6968
Jacobs Engineering (NYSE:JEC)
Historical Stock Chart
From Jun 2024 to Jul 2024
Jacobs Engineering (NYSE:JEC)
Historical Stock Chart
From Jul 2023 to Jul 2024