|Updated: 3/19/2013 10:38 am
||Published: 3/18/2013 4:55 pm
On Tuesday afternoon, the River Spirit Casino will announce plans for a project that will feature a Jimmy Buffett’s Margaritaville Casino and Restaurant, a 22-story 500-room upscale hotel tower, a world class spa, convention and meeting center along with other new restaurants.
Officials say the project will generate approximately 800 new full-time jobs at the resort, and it will have a combined annual economic impact of $135.4 million. The annual payroll for the new jobs is estimated to be $38 million. They say the project will be the largest private Arkansas River Development in Tulsa’s history.
“We at River Spirit and the Muscogee (Creek) Nation are committed to providing quality jobs, and economic stability for Tulsa-area residents,” Muscogee (Creek) Nation Casinos CEO Pat Crofts said.
“I am happy to bring a few palm trees and frozen concoctions to the banks of the Arkansas River,” said Jimmy Buffett. “The first time I ever saw Tulsa was from the stage at Cain’s Ballroom awhile back. It is an honor to be returning as part of this great new entertainment complex in association with River Spirit and the Muscogee (Creek) Nation. I look forward to getting back to Tulsa and playing there again real soon."
The 500-room luxury hotel will feature VIP suites, junior suites, parlor suites and standard rooms. There will be an outdoor and indoor swimming pool, fitness center, a world class spa and a pool deck overlooking the Arkansas River. In addition, there will be a 24-hour business center, retail stores and gift shops.
“Our primary goal is to make sure our guests have fun and enjoy the experience,” Crofts said. “This new development will put Tulsa on the entertainment map and attract people from neighboring states.”
Approximately 45,000 square feet of new gaming space will be branded as the Margaritaville Casino, to include up to 750 electronic gaming devices and 20 table games. The area’s décor, atmosphere and gaming will reflect the Margaritaville escapism lifestyle with entry portals situated adjacent to the Margaritaville Restaurant, Bar and Retail Complex.
“I’m excited about our partnership with Margaritaville,” said Muscogee (Creek) Nation Principal Chief George Tiger. “This is a great future for both groups. Our history in Indian Gaming and the experience Margaritaville will offer those who visit will make this a premier destination resort.”
“The construction of this exciting project alone is expected to bring a $225 million dollar economic impact during the 18-24 months of building,” said Mike Neal, Tulsa Regional Chamber president and CEO. “This impacts each of us, from the small business vendors supplying materials to the construction worker who shops at our local grocery stores and retailers.”
The costs of construction are expected to be $250 million and an estimated 1,800 local construction-related jobs will be created throughout the course of the 18-24 month project. The two year construction project will support an income of $161.9 million and a total of $226.5 million in the production of goods and services throughout the Tulsa region.