The developers thus gave a small portion of the lot to the city and spent $5 million to build a park.
The developer would spend an additional $15 million to refurbish the park.
He said the developer had spent $1 million to buy the property.
"Brokers and developers are spending more money than before to accelerate the process," he said.
In the entire first 17 years of the city's gambling era, developers spent only $5.6 billion.
To rebuild according to the guidelines, officials estimated, the developers would spend $20 million.
Speakers at Friday's hearing said developers had spent $1.8 billion on new construction in the last five years.
Private developers would spend about $131 million to build 535 units of new housing and a small hotel.
The developers spent weeks considering which characters they wanted to focus on.
The developers spent a lot of time on their stories, and they want you to see what a good job they did.
