The team behind the Caesars Palace Times Square casino proposal is ready to launch a $250 million neighborhood investment plan to support the Midtown and Hell’s Kitchen communities if they win a license to operate, amNewYork Metro learned in an exclusive interview Tuesday.

The plan — which will come to life if Caesars gets the bid to build in the world-famous area — includes a variety of projects designed to improve the local environment — including an extensive composting initiative, hundreds of new street trees and more sanitation to keep local streets and sidewalks clean, to start.

The casino proposal is a joint bid between Caesars Entertainment, SL Green and entertainment company Roc Nation, which was founded by rapper Jay-Z. The business trio is one of several developers vying for three available gaming licenses in the NYC metro area.

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