Pinnacle ready to move forward with construction of south St. Louis County casino
The St. Louis County Port Authority has completed a land purchase that will pave the way for construction to begin on the $375 million Pinnacle Entertainment casino and hotel project. The project is expected to create 1,000 construction jobs.
The County purchased 39 acres in south St. Louis County that Pinnacle will use to build a four-lane access road to its planned River City Casino and Hotel. Pinnacle plans to open the development in 2008.
The County bought the land for $3 million in early July, according to sources. The property, the former site of the Air Force National Imagery and Mapping Agency, was heavily damaged by the 1993 flood. Environmental remediation is expected to begin immediately.
Source: St. Louis Business Journal, MSN Money.com
