Published: May 4, 2021, 10: 54 hrs.
Last updated: May 4, 2021, 11: 20 hrs.
Norfolk's lone casino will be called HeadWaters Resort & Casino. Norfolk partnered with a Native American tribe and billionaire Jon Yarbrough to create the casino.
This comes after Virginia issued commercial gambling licenses last year in five economically distressed cities and a successful referendum on local elections.
"Headwaters, "says the tribe, represents the beginning of the river, and the term is also a nod to the importance," that rivers have played in the history of the tribe and the town ". Norfolk is a coastal town in southeastern Virginia, near Hampton Roads, where the James, Nansemond, and Elizabeth Rivers intersect.
HeadWaters is $ 500 million projecting to build on 13. 4 acres of land next to the Harbour Park baseball stadium. The tribe, with funding from Yarbrough, acquired the land from the city for $ 10 million.
Details of the centre
The Pamunkey Indian Tribe debuted last month in a rendering for an unnamed casino.
The resort is expected to have more than 300 hotel rooms with panoramic views of the Elizabeth River. The property will feature a rooftop bar, infinity pool, spa, sports bar and grill, steakhouse, multi-purpose event center and outdoor space.
The attached garage will accommodate 2, 000, and guests arriving via Amtrak will have easy access to the resort. The tribe is additionally building a marina on the river that will allow boaters to dock and enjoy the resort and casino.
As for the casino space, HeadWaters has not yet revealed how many gaming items - the number of slot machines and table game chairs - will be included. The casino will be accompanied by a betting parlor.
The casino is expected to generate more than 2, 000 job construction and 2, 480 permanent positions thereafter.
Although the Pamunkey have no experience running a casino, the tribe has brought in a gaming industry veteran. In March, the tribe announced it had hired Rodney Ferguson - former general manager of the Potawatomi Casino in Wisconsin - as executive vice president of gaming and resorts in Norfolk.
In addition to the casino designation, the Pamunkey Indian Tribe said today it will set aside $ 20 million for "shoreline resiliency issues." The tribe is also setting aside "significant funds for additional construction, restoration and connectivity of the Elizabeth River Trail."
The release reads that the goal is to create "a vibrant, sustainable shoreline that will enhance the environment along the Elizabeth River and provide residents and visitors with an exciting new natural area. "
The start of construction on the half-billion dollar venture remains on hold until the Virginia Lottery approves the tribe's application for a casino license. Once that happens, construction will begin immediately.
The facility is expected to be completed in 2023. Companies interested in providing goods and/or services to the project can sign up to receive notification of requests for proposals at www.PamunkeyFuture.com.