Solicitations for proposals for a casino project in Danville’s Southgate
Industrial Park area were scheduled to go out this morning to
prospective operators throughout the country.
Developer Dave Cocagne said casino developers will be asked for
information regarding 17 different criteria, including their experience,
annual revenues, numbers of jobs their project would create and other
amenities it would include — data needed to help a local steering
committee decide with whom the city should partner.
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While Danville will be competing with existing and new casinos —
possibly one an hour away in Terre Haute, Ind. — Cocagne said Danville
can capitalize on its rich history and unique assets by incorporating
them into the project’s design, branding and marketing, and other
attractions.
“We don’t want this to be an island,” Cocagne said, meaning it shouldn’t
be just a casino.“We want this to be an asset to the community,” said
Cocagne, who envisions a project with restaurants, retail and other
entertainment and attractions.
The city and Vermilion Advantage have partnered with Cocagne — president
and CEO of Vermilion Development, which got its start in Danville in
1992 — who will help guide the city through the process of finding the
right casino developer and submitting a license application to the
Illinois Gaming Board by the deadline at October’s end.
At Tuesday’s city council meeting, he outlined the application process,
the hefty financial investment the developer needs to make, the type of
site they’re looking for and the “enormous” role the city plays,
including signing off on a site and developer and passing a resolution
or ordinance in support of a casino in the community.“All of this has to
be done before the application is submitted,” Cocagne said, adding that
any project needs the city’s buy-in.
He commended Mayor Rickey Williams Jr. for acting quickly to put
together a steering committee, which will use an evaluation matrix to
review proposals, make a short list of and interview finalists and
ultimately recommend a casino developer to the council for approval.
Besides Williams, the panel includes Vicki Haugen and Tinisha
Shade-Spain of Vermilion Advantage; interim Police Chief Chris Yates;
attorney and former Corporation Counsel Dave Wesner; Gardner Peck of
Danville Metal Stamping; Jerry Connolly of Venture Mechanical; and
Alderman Mike Puhr.Williams and Haugen, president and CEO of Vermilion
Advantage, recommend two adjoining parcels — one 40 acres, the other 32 —
in Southgate as the potential site, and the steering committee endorsed
the idea.
Haugen said she researched sites with at least 20 to 25 acres along
Interstate 74 — a location seen as vital for visibility and
accessibility — and based on other site requirements. While she looked
at a number of options near all of the Danville interstate exits, she
ruled most of them out because they were outside of the city or didn’t
have the required acreage, room to expand, infrastructure or landowners
willing to sell.
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