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Rendering Of Hollywood Casino Jamul (Photo: Business Wire)

Stocks in this article: PENN

Jamul Indian Village of California (JIV) and a wholly owned subsidiary of Penn National Gaming, Inc. (NASDAQ:PENN), today announced the launch of construction activities at the site of the proposed $360 million Hollywood Casino Jamul on JIV’s reservation in Jamul, California, approximately 20 miles east of downtown San Diego, off of State Route 94.

Rendering of Hollywood Casino Jamul (Photo: Business Wire)

Rendering of Hollywood Casino Jamul (Photo: Business Wire)

Hollywood Casino Jamul, projected to open in late 2015, is expected to include a three-story gaming and entertainment facility of approximately 200,000 square feet, featuring over 1,700 slot machines, 50 live table games including poker, multiple restaurants, bars and lounges and an enclosed below grade parking structure with over 1,900 spaces. The project will create an estimated 2,500 construction and permanent jobs in the area. JIV has completed a comprehensive and rigorous environmental review as required by the JIV’s 1999 Gaming Compact with the State of California. JIV has made significant changes to the design of the facility to incorporate local community input, including significantly reducing its height and footprint. In addition, the planned development will now include water and wastewater reclamation facilities, addressing on-site fire protection measures. Visually, the facility will feature an earth tone color palette and downcast lighting to integrate with and complement the surrounding area.

“We are very excited that our long-time dream will finally become a reality,” said Raymond Hunter, Chairman of the Jamul Indian Village of California. “We have worked tirelessly for well over a decade listening to the voices of the community, addressing concerns, and ultimately developing a project that blends seamlessly into the region, while creating approximately 2,500 much needed construction and permanent jobs in our region. We look forward to continuing to be a good neighbor, as well as becoming a philanthropic leader and an active business partner in San Diego County. We are grateful for the constructive meetings and dialogue with the Governor’s office, California Department of Transportation, California Department of Fish and Wildlife, and many others who participated in this process.”

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