Friday, September 10, 2021
Homecaesars entertainmentThe price of Caesars' Virginia Casino rises to $ 500 million

The price of Caesars’ Virginia Casino rises to $ 500 million

Caesars Virginia Casino Project is likely to be way over budget. The original plans for this venue were that the entire project would cost around $ 400 million, but now the price will rise to $ 500 million. This was confirmed by the senior vice president of Caesars Entertainment, Robert Livingston, during a public input meeting on Monday, which was attended by around 75 community members. The meeting took place on West Main Street, formerly known as the Dan River Inc. Welfare Building.

The casino project is evolving

During the public session, Livingston stated that the number of hotel rooms is also expected to increase from 300 to 500. Mike Schlang, Caesars Virginia Senior Director of Design and Construction, spoke to those in attendance, explaining that the project is evolving and the company is trying to understand every little detail. He added that, among other things, it is investigating what can be obtained through the site.

The casino will be built on the former site of Dan River Inc. in Schoolfield. The site is a well known part of the community due to its three chimneys, and Schlang said the ledges will definitely be an important and iconic part of the new project. The three sisters, nicknamed the chimneys, will be the anchor for the resort’s entertainment forum. Not only that, Caesars will add a few more towers as well.

Many restaurants will also be part of the resort

In addition to the ability to play casino games, the venue will also include several restaurants, a sports bar, and a brewery. Schlang added that star chefs like Gordon Ramsay will be there. Casino game fans not only know Gordon Ramsay’s cooking skills, they also know him from NetEnt’s new online slot machine.

Not only that, a Starbucks will also be there. Speaking of the casino project, Schlang added that a car park with 1,200 parking spaces, an outdoor pool, whirlpools, spa, fire pits and a VIP area will also be part of the overall complex.

According to Livingston, although schematic drafts are currently being worked on, which the experts will use to determine the appropriate project parts, the conceptual draft has been completed. The process of borrowing Caesars with the community’s rich history is on the right track, he added.

According to Livingston, the approvals for the projects should be completed by mid-November. Anyone wondering whether there is work going on on the construction site will see a lot of activity in the near future, and all of this sooner rather than later, as he emphasized. Visitors to the casino resort can expect a second car entrance and a pedestrian entrance from West Main Street, according to Schlang.

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