RICHMOND, Va. — After narrowing down six proposals, Richmond’s vacation resort Casino analysis screen is certainly going all-in with the referral for ONE Casino + turn to probably break soil during the city.
The $600 million suggested gaming and activity resort might be found on Walmsley Boulevard in Southern Richmond. It could typically function as very first black-owned casino in the united kingdom.
The last two casino proposals comprise between ONE and reside! Casino and resort Richmond — recommended for Scott’s Addition with a few community resistance.
The screen said they produced the suggestion according to multiple factors such as the projecta€™s feasibility and durability, recommended location, financial developing effect, economic earnings effects and people advantages.
The panel’s decision to move ahead with ONE Casino + vacation resort’s proposition is supported by Richmond Mayor Levar Stoney, according to a pr release.
a€?ONE Casino + Resort provides a significant possible opportunity to establish a resort casino project in Richmond,a€? said Stoney. a€?The project will create over 1,000 great spending work, create a significant amount of new income for all the city, and build an additional financial motor in South Richmond. I applaud the task associated with the Evaluation Panel within vetting with the proposals and engaging the whole area throughout this job.a€?
Today, Stoney will present a person’s suggestion venture into the Richmond town Council on May 24. The city will hold a public conference on decision on May 25 at 6 p.m.
Per laws approved by the Virginia General system, urban area Council should be asked to petition the courtroom in order for a referendum on casino video gaming into the City of Richmond usually takes place throughout Nov. 2 election.
Urban One, Inc., behind ONE Casino + hotel, introduced this amazing declaration regarding the screen’s choice:
a€?ONE are thrilled the Richmond casino option committee has elected top task together with the finest place and best professionals to build a first-class amusement resort in Richmonda€™s Southside. The panel heard citizens and voters just who mentioned, a€?we desire ONEa€?. We are totally committed to producing close having to pay opportunities with profit-sharing for staff members, pathways to effective professions, and producing considerable brand-new taxation revenues that improve Richmonda€™s education and account neighborhood applications and infrastructure. We’re going to be also genuine people associates, spending with non-profits and valuable trigger across the town. In conjunction with our very own partner Peninsula Pacific Entertainment we look ahead to discussing this very good news with Richmond voters from inside the period in advance before the November referendum. Because the President of city One, along with the creator and chairperson on the team, Cathy Hughes, we state thank-you on city of Richmond as well as its customers for placing their have confidence in all of us and our very own diverse set of regional traders. We anticipate cooperating with one generate things interesting and unmatched with environmentally friendly room prepared for all, a great audio venue, several of Richmonda€™s most readily useful dining and plenty of fun and activity for your lake town.a€?
-Alfred Liggins, City One Chief Executive Officer
ONE’s proposal for the basic casino in Richmond contains 100,000-square-feet of games room, a 250-room deluxe resorts, a theater for concert events and activities, 12 eateries and taverns, 55 acres of eco-friendly room and more.
The potential location is actually described during the job suggestion as “shovel prepared” with a decreased impact on traffic. Furthermore, it could maybe not call for rezoning and is from residential areas.
Metropolitan One, Inc. was a national multimedia powerhouse that has been in Richmond for a long time functioning KISS-FM, ESPN Richmond, Praise Richmond, iPower and, through a shared providers contract with Summit Media, Vintage Rock 96.5, K95 nation, Sports 106.1, Jack FM and 103.7 ENJOY.
Their particular spouse, Peninsula Pacific Entertainment (P2E), are a developer and agent of games spots across the nation just who in your area owns Colonial Downs Racetrack in unique Kent state and Rosiea€™s video gaming Emporiums at stores throughout Virginia — including in Richmond.
Once constructed, ONE said they’ve determined to build more than $525 million in latest taxation sales and neighborhood benefits for any city during the next decade, like committing over $140 million in initial and repeating added income into the area and $25 million in complimentary marketing across each of city Onea€™s media programs to market area projects.
They even claimed they intend to make 1,750 drive opportunities Casinoland casino app download with the average annual salary of $55,000 and a commitment to a $15 per hour minimum-wage. They can be furthermore likely to offering profit-sharing their employees, believed are $3,000 a€“ $5,000 annually.
