Developer Unveils Proposed $275 Million Casino in Calumet City - NBC Chicago

Developer Unveils Proposed $275 Million Casino in Calumet City

The casino would create over 1,100 permanent jobs, according to the proposal

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    NEWSLETTERS

    New Casino, Luxury Hotel Proposed For South Suburbs

    The village board in south suburban Homewood gives the green light for a new $275 million casino and luxury hotel. NBC 5’s Dick Johnson reports on the project’s next steps.

    (Published Monday, Oct. 7, 2019)

    Plans for a 150,000-square-foot casino and entertainment complex in suburban Calumet City were unveiled on Friday as developers aim to land a gambling license from the state of Illinois.

    The proposed $275 million casino would be built on a site near the Macy’s at the southwest corner of the River Oaks Center shopping mall near 159th Street and Torrance Avenue, according to renderings released Friday.

    The casino would include 1,200 slot machines, 35 table games, a music venue, restaurants and lounges.

    The company estimates that the proposed casino would create 1,200 jobs during construction and approximately 1,150 part-time and full-time jobs once it’s completed.

    “River Oaks Center has been an economic anchor of the southeast suburbs for more than half a century, but it needs this exciting casino destination to bring it back to its former glory,” Southland Live Casino project manager Timothy Hughes said in a statement.

    The developer projects that revenues could exceed $200 million, and would include $40 to $50 million in local and state tax revenue. Calumet City would stand to receive approximately $6-to-8 million in revenues from the casino per year.

    Delaware North Gaming is expected to present its proposal to the Calumet City Council on Friday, and will submit a casino license application to the Illinois Gaming Board later this month.

    If the development is allowed to move forward, the company would open a temporary gaming facility inside of a vacant Carson Pirie Scott location within the River Oaks Center, creating 300 temporary jobs.

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