Churchill Downs Integrated (CDI) formally introduced to the Indiana Gaming Fee (IGC) a brand new location for the Queen of Terre Haute On line casino Resort in a gathering Thursday.
Presenting the New Location
On the IGC assembly, the land-based on line casino and horse racing operator was represented by its SVP of Company Improvement Jason Sauer and SVP of Actual Property Improvement Ryan Jordan. CDI doesn’t want formal approval from the state’s gaming regulator for the brand new on line casino location.
Beneath the brand new proposal, CDI intends to construct the Queen of Terre Haute On line casino Resort on two parcels of land off of E. Margaret Dr. in Terre Haute, an mixture of roughly 50 acres. There shall be no modifications to the scope or scale of the initial project the IGC authorised in a aggressive bid in 2021.
CDI has already moved to safe each parcels of land that make up the proposed location by getting into into definitive agreements however the land nonetheless must be zoned from an agricultural property to a regional commerce district to allow the corporate to construct its on line casino.
CDI applied for the rezoning in February and acquired a good advice from the Terre Haute Planning Division final week on each the brand new location and rezoning. The advice from the planning division was authorised by a unanimous vote on the Terre Haute Metropolis Council.
Minor Peak Difficulty
CDI will nonetheless want the 2 parcels to be merged into one subdivision plot and to realize the approval for the proposed top of 150 ft for the on line casino as town’s restrict is 125 ft. That topic shall be up for dialogue on the assembly on March 17.
The change of location was a results of inner discussions and planning, following the suggestions CDI had acquired from the neighborhood which prompted the corporate to shift the eye of its new on line casino resort to town’s east facet.
Beneath the unique proposal CDI introduced to the IGC in 2021, the on line casino resort location was on town’s south west facet close to Haute Metropolis Heart. The proposal was endorsed by Vigo County Commissioners and Terre Haute Mayor Duke Bennett in written letters CDI introduced to the IGC.
The shut proximity of the brand new location to the Terre Haute Regional Airport means CDI may also want approval from the Federal Aviation Administration (FAA), the skin vary of which shall be Might 9 in accordance with the data introduced on the IGC assembly. General, the corporate doesn’t anticipate any pushback on the pending approvals.
Based on the $240 million venture, the 400,000-square-foot Queen of Terre Haute On line casino Resort will comprise of a luxurious resort with 125 rooms, a on line casino that includes 1,000 slot machines and 50 desk video games, TwinSpires Sportsbook, in addition to meals and beverage choices. CDI is planning on breaking floor on the on line casino resort as early as Might with a gap date in late 2023.