The Grand Island Casino broke ground.
In a groundbreaking ceremony that marked a new chapter in the history of Grand Island, Nebraska, the Grand Island Casino Resort officially entered the home stretch of development. With the commencement of construction at Fonner Park, excitement and optimism have swept through the community. This $100 million, six-story facility promises to bring a wave of positivity to Grand Island and the surrounding areas. In this article, we'll explore the numerous ways in which the Grand Island Casino Resort is set to make a significant, positive impact on the local community.
The Vision of Grand Island Casino Resort
Elite Casino Resorts, in partnership with Fonner Park, is the driving force behind the Grand Island Casino Resort. According to Elite Casino Resorts CEO Dan Kehl, the resort aims to be "a beautiful world-class entertainment complex loaded with amenities." The resort includes a 162-room hotel, a show lounge featuring local and regional entertainment, a casino floor with 750 slot machines and 20 table games, and a variety of dining options, including Ruthie’s Steak & Seafood Restaurant, named in honor of the founder's mother.
Economic Boost for Grand Island
One of the most significant benefits of the Grand Island Casino Resort is the boost it will provide to the local economy. As Sen. Ray Aguilar pointed out, the previous phases of the casino project have already created approximately 150 new jobs. With the completion of the resort, an additional 150 to 200 jobs are expected, doubling employment on the Fonner Park campus to over 700 people.
Moreover, the resort is projected to generate an estimated $75 million in state and local taxes during the first five years of operation. This substantial influx of funds will contribute to property tax relief, with $48 million allocated to this purpose. An estimated $9 million will benefit Hall County, while $11 million will support the city of Grand Island. These funds will have a ripple effect, enhancing the overall quality of life and fostering further growth in the community.
Fostering a Strong Community
Mayor Roger Steele emphasized the role of the Grand Island Casino Resort in building a stronger community. He acknowledged the Kehl family's impressive vision for year-round entertainment and lodging. The family's commitment to creating jobs and opportunities in Grand Island aligns with the city's vision of growth, prosperity, and collaboration within the community.
Shane Greckel, vice chair of the Nebraska Racing and Gaming Commission, emphasized the positive impact of gaming as a new industry in Nebraska. The revenue generated from the resort will benefit the Property Tax Credit Relief Fund, helping Nebraskans with property taxes. This partnership between racing and gaming promises to increase economic opportunities at all levels.
A Beacon of Entertainment
Cindy Johnson of the Grand Island Chamber of Commerce emphasized the significance of entertainment as a driving force that unites people of all backgrounds. The Grand Island Casino Resort will not only be a gaming place but also a hub for social interaction and community building. It will add to the vibrant entertainment options in Grand Island, enhancing the city's reputation as an entertainment mecca.
Promise of Economic Growth
The Grand Island Casino Resort represents a beacon of hope and positivity for the Grand Island community. With its promise of economic growth, job creation, and a hub for entertainment, the resort is poised to elevate Grand Island's status as a thriving, dynamic city. As construction progresses, the community eagerly anticipates the opportunities and benefits that will accompany the grand opening of this world-class entertainment complex.