Norfolk Readying to Field New Casino Bids Should HeadWaters Plan Bust
Officials in Norfolk are preparing to field unexampled proposals for a commercial gambling casino resort inward Virginia’s Lionel Hampton Roads should the city’s stream project with its preferred gaming partner neglect to materialize.
Nearly troika and a half years since Norfolk voters signed off on a proposed send off called HeadWaters Resort & Casino, the strand remains unbroken on the twist land site placed simply due east of the city’s Harbor Park Minor League Baseball stadium. The developers behind the casino, the Pamunkey Amerind Tribe and Golden Eagle Consulting, are still finalizing the project after the city last-place twelvemonth rejected its proposed two-phase mental synthesis schedule.
If they don’t perform, we testament experience somebody take their place,” Norfolk City Attorney Bernard Pishko told The Virginian-Pilot.
The 2020 development agreement 'tween the city and Pamunkey Tribe requires that the cassino obtain a gaming certify from the Virginia Lottery Board past November 2025. With that date stamp firm approaching, the Norfolk government is prepping its next steps inwards case HeadWaters doesn’t nail down its project to the city’s wishes and be deemed sanctioned for a one-armed bandit machine, table game, and sports betting permit by Nov 2025.
Only country lawmakers tin offer the Nov 2025 deadline. Virginia’s 2020 gambling casino law says approved cassino referendums become annulled if a gaming licence hasn’t been granted to the project within fivesome years of ratification.
Norfolk Casino Backstory
Norfolk voters inward 2020 sanctioned a proposed gambling casino holiday resort pitched past the Pamunkey Amerind Tribe. The metropolis was localise aside a cassino resort hotel opportunity through say legislation. Norfolk was i of Little Phoebe cities earmarked a casino license to gad local economical development.
City officials partnered with the Pamunkeys, a federally recognised folk with a little reservation nigh 65 air miles northwest of Norfolk inwards Billie Jean King William. The tribe counts to a lesser extent than 500 members.
Despite missing any gaming experience, Norfolk went with the folk to appease concerns that the Pamunkeys power clear a tribal cassino on their federal land that could soften business sector at the city’s commercial-grade gambling casino and, therefore, lessen its taxation benefit. type A tribal casino, some theorized, would get additionally reduced nongaming project developing surrounding the Norfolk casino.
The folk partnered with billionaire Jon Yarbrough, who made his fortune by manufacturing Amerindic gaming machines, to roll the $500 trillion resort and hold back an ownership stance inward the property. Though HeadWaters is a commercial-grade endeavor, Yarbrough’s Golden Eagle Consulting had the undertake terms sanctioned past the US Department of the Interior to make believe sure it was reasonable for the tribe.
Design Headwinds
HeadWaters has incurred numerous designing setbacks.
The original thought was to construct the gambling casino on the Elizabeth II River while a temporary casino indoors Harbor Mungo Park helped conjure up revenue for the project. Those plans were transcribed after it was set that Virginia’s 2020 cassino greenback didn’t permit cassino play at Harbor Park, which has a different mailing accost than the parking lot where Norfolk voters sanctioned HeadWaters to be built.
The temporary cassino gaming is to follow conducted at the same land site referenced inwards the referendum,” Virginia’s gambling casino law of nature says of temporary gaming structures. Norfolk voters approved casino gaming through the ballot question only when “on attribute eastward of Harbor Park Stadium … with an approximative street accost of 200 Park Avenue.”
The Pamunkeys and Golden Eagle and then pitched a two-phase development, with the cassino 1st and hotel and resort hotel later. That concept was dismissed by urban center officials who said their agreement with the developers required the holiday resort composite to follow fully reinforced at once.
The folk went backwards to the drafting board, which is when VA allocated substantial money to Norfolk for the city’s Coastal Storm Risk Management Project. The $2.6 one thousand million substructure project includes edifice a 17-foot-high floodwall along with Elizabeth.
The floodwall required that HeadWaters overhaul its design by removing the once-planned marina that would hold allowed boaters to bob and see the casino. The resort’s hotel overlooking the river was also forced to run inland.
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