A new casino for Utrecht

Holland Casino
Client
  • Holland Casino
Space
  • 50,001 sq. ft.
Industry
  • Hospitality
Locations
Services Provided
  • Location Strategy & Economic Incentives
  • Transaction Management
Cresa Team
  • Leon van Leersum

Client Objectives

  • The nationalized casino operation was located in a ‘temporary’ building in the center of Utrecht
  • Holland Casino needed to find a new location that would serve its business for the coming decennia
  • The building’s requirements were very specific and therefore difficult to satisfy – particularly the need for significant amounts of parking

Results

  • REDEPT Cresa carried out an extensive search for potential locations in the Utrecht area
  • Negotiations were conducted with various parties resulting in the choice for a location on the edge of the city, clearly visible from the busy A12 motorway
  • REDEPT Cresa negotiated a long-term rental agreement for the shell & core of a brand new purpose-built casino as well as a substantial parking garage, in total some 260,000 sq ft (25,000 m²)
  • As a result the future of the Holland Casino operation in Utrecht is guaranteed for the next 30 years

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