{"id":1003800117,"date":"2008-05-07T12:00:00","date_gmt":"2008-05-07T20:00:00","guid":{"rendered":"https:\/\/64.70.41.235\/2008\/05\/07\/375m-in-funding-to-kick-off-michigan-casino-project\/"},"modified":"2022-12-04T12:02:02","modified_gmt":"2022-12-04T20:02:02","slug":"375m-in-funding-to-kick-off-michigan-casino-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/375m-in-funding-to-kick-off-michigan-casino-project\/","title":{"rendered":"$375M in Funding to Kick Off Michigan Casino Project"},"content":{"rendered":"

The last piece of the financial puzzle for constructing the FireKeepers Casino in Battle Creek, Mich., has been put in place with the FireKeepers Development Authority’s closing on $375 million in financing. With a $340 million Senior Secured Note and a $35 million F&E facility in place, work can commence on FireKeepers Casino. Located about an hour from Lansing and two hours from Detroit, the property will initially feature a 230,000-square-foot casino, restaurants, as well as a covered parking facility to accommodate 2,000 vehicles. The FireKeepers Authority has charged Gaming Entertainment Michigan L.L.C., a joint venture of which Las Vegas-based Full House Resorts Inc. is a 50 percent owner, with handling the project’s construction. Upon completion, GEM will oversee management of FireKeepers Casino for a seven-year period. Joint venture partner Full House presently has its hands in other pies in Michigan. The company has a contract with the Nottawaseppi Huron Band of Potawatomi Indians for the development and management of a premier casino resort in suburban Battle Creek. A June groundbreaking is in the works for FireKeepers Casino, which is scheduled to open its doors in the summer of next year.<\/p>\n","protected":false},"excerpt":{"rendered":"

The last piece of the financial puzzle for constructing the FireKeepers Casino in Battle Creek, Mich., has been put in place with the FireKeepers Development Authority’s closing on $375 million in financing. With a $340 million Senior Secured Note and a $35 million F&E facility in place, work can commence on FireKeepers Casino. Located about…<\/p>\n","protected":false},"author":1314,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742],"tags":[],"class_list":["post-1003800117","post","type-post","status-publish","format-standard","hentry","category-latest"],"acf":[],"yoast_head":"\n$375M in Funding to Kick Off Michigan Casino Project - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/375m-in-funding-to-kick-off-michigan-casino-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$375M in Funding to Kick Off Michigan Casino Project\" \/>\n<meta property=\"og:description\" content=\"The last piece of the financial puzzle for constructing the FireKeepers Casino in Battle Creek, Mich., has been put in place with the FireKeepers Development Authority’s closing on $375 million in financing. With a $340 million Senior Secured Note and a $35 million F&E facility in place, work can commence on FireKeepers Casino. 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