New Gambling Casino Coming to Miami Area in Broward County: Seminole Tribe Announces Major New Hotel Development Project for Coconut Creek

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Broward County just got some big news: the Seminole Tribe (the only Indian Tribe to never surrender, for more of their history visit their web site) is planning to build a major new highrise hotel and casino over in Coconut Creek. 

Genting's Loss May Be Seminole Indian Tribe's Gain?

That's right: remember all the controversy over the casino being proposed by Genting in their new Resorts World Miami project?  So many critics challenged having a new, big gambling mecca in the Miami area.  It was a big deal last year.  Tallahassee law makers did not pass the necessary legislation to allow Genting (and other casino owners) to offer gambling in their establishments, so Resorts World Miami has been radically reduced from its original scope. 

Well, now the Seminole Indian Tribe has announced that it has sought approval from the Bureau of Indian Affairs to build a 20 story hotel and entertainment complex which would include a swanky casino with a goal toward this new project becoming a national draw for gamblers across the country.

The tribe plans on using land it already owns:  45 acres setting next to its existing Coconut Creek casino.  By declaring this tract as its sovereign land, the Seminoles can build the new project while taking the casino off the government tax rolls since it would set on tribal land. 

Reports are that the Seminole Hotel and Casino would invest the local area with lots of new jobs: around 1090 people would find permanent employment here.  They would work in the 1000 room hotel as well as the casino, the 2500 seat theater, or any number of shops and restaurants that are included in the overall plan. 

Big incentive for the Powers that Be to allow the Seminole Tribe to build this thing:  this hotel is expected to put  $76.8 million into the local economy each year.  That's sweet talk to many people out there.

Once built, the new Broward County hotel complex would be over twice as big as the Seminole Tribe's Hard Rock Hotel in Hollywood, Florida.  (Yes, the Seminoles are not new to this ball game.)  This new hotel complex would all be one of the biggest in all of South Florida: and South Florida already has a lot of nice and very big entertainment - hotel complexes for American tourists and foreign visitors to enjoy. 

Will it happen?  Too soon to tell. 

The Seminole Tribe is serious about the project, but there are lots of things to consider and hurdles to jump before any groundbreaking ceremony.  Traffic infrastructure needs are one problem to solve.  On the other hand, construction costs right now are low and that's a benefit in a big hotel build which might not exist in a few years.

 

Published In: Indigenous Peoples Updates, Commercial Real Estate Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Rosa Eckstein Schechter, Eckstein Schechter Law | Attorney Advertising

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