Monday, January 30, 2012

Great Lakes & Upper South in the News: "Potawatomi Casino announces plans for hotel" from the JSOnline


Potawatomi Bingo Casino, which has grown to 2,500 employees from its modest launch as a bingo hall in 1991, would add another 230 jobs at a proposed 20-story hotel, while helping Milwaukee draw more overnight tourists, casino officials said Tuesday in announcing their plans.


In addition to generating about 1,000 construction jobs, its estimated $97.5 million cost would make the 382-room hotel Milwaukee's largest current development project.


The hotel, its employees and guests would generate $9.7 million in annual state and local government revenue, including sales, property, income and hotel room taxes, according to a study commissioned by the Forest County Potawatomi Community, which owns the casino, 1721 W. Canal St.


The hotel also would expand the casino's customer draw from what's now a 25-mile radius to a roughly 100-mile radius, said Mike Goodrich, casino general manager.


Link:
http://www.jsonline.com/business/potawatomi-casino-announces-plans-for-hotel-r13r764-137546993.html


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