Gaming commission approves Sugarcane Bay revisions - KPLC 7 News, Lake Charles, Louisiana

Gaming commission approves Sugarcane Bay revisions

(Source: Pinnacle Entertainment) (Source: Pinnacle Entertainment)

By Adam Hooper - bio | email

BATON ROUGE, LA (KPLC) - The look of Sugarcane Bay is changing before it is ever built. Tuesday, Pinnacle officials went before the Louisiana gaming commission in Baton Rouge to request changes to the project. 

"We are very pleased with their decision. They have been very cooperative with us during this development process, and we appreciate the thought they have given this request as well," said Jack Godfrey, general counsel for Pinnacle Entertainment.

Originally, Sugarcane Bay was going to be on the west side of L'Auberge. It has now been moved to the east side, allowing the two properties to share the same entrance and front desk check in area. Their goal was to further integrate the two, and in doing so, several retail shops and restaurants have been dropped from the plans. This cut costs by 50 million dollars bring the final price tag of Sugarcane Bay to 300 million dollars.

"We are in a challenging development environment, and we have been for quite some time now. We continually re-evaluate our projects, and make sure that the return on our investment is as high as possible. The economy is a part of it, but we think this is a stronger project," said Jack Godfrey.

And, while merging the two properties will not bring in as many employees as before, many believe it is still a good thing for the state.

"There won't be as many jobs as it was before. There will be only one registration area. But, it will make it more economical for them. As a member of the gaming board, I want them to do well. The better they do, the better the state does," said Bob Jones with the Louisiana Gaming Commission.

Pinnacle also requested a six month extension on the completion deadline. That too was granted.

To view new renderings of the project that were released on Tuesday, check out the pictures below.

Copyright 2009 KPLC. All rights reserved.

 

 

 

 

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