D’IBERVILLE, MS-A local development firm backed by New York City-based private equity plans to build a $450 million casino, resort and French-themed retail and entertainment village here.
The CanCan Casino Resort and the French Village, is scheduled to break ground this spring, pending approval from the Mississippi Gaming Commission, according to George Toth, president and CEO of CanCan Development LLC. The project will include: a 60,000-square-foot casino with 1,800 slots, 46 table games, and 16 live poker-tables; flexible meeting space and a showroom; 90,000 square feet of retail including restaurants, night clubs, and shopping; 550 hotel rooms including a 300-room French-themed stand-alone hotel; and a freestanding wedding chapel.
Toth expects the CanCan Casino Resort & Spa and French Village to generate more than $260 million a year in gross revenue. He tells GlobeSt.com the project has been 18 months in the making and will be completely built out in 2013.
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