A new Cedar Rapids casino project is set to break ground tomorrow after receiving a state license from the Iowa Racing and Gaming Commission in a four-to-one vote. This decision marks a significant milestone for Cedar Rapids and Linn County, paving the way for economic growth and development in the area.
The approval of the Cedar Crossing project comes after two previous rejections of casino license applications from Cedar Rapids by the commission in 2014 and 2017. The recent overwhelming vote in favor of a moratorium on new casinos by the Iowa House was tabled in the senate, further underscoring the challenging road to this groundbreaking moment.
Cedar Rapids Mayor Tiffany O’Donnell expressed her elation and gratitude following the commission’s decision, emphasizing the long journey it took to reach this point. O’Donnell’s determination and perseverance in championing this project, despite the odds, reflect a true underdog story reminiscent of ‘David versus Goliath.’
The commission’s chairman, Daryl Olsen, highlighted the unique features of the Cedar Crossing project, emphasizing that it offers more than just a gaming facility. With amenities such as restaurants, an entertainment venue, arts and culture center, and a STEM lab, the casino promises to be a multifaceted destination that enriches the community.
One of the key factors that influenced the commission’s decision was the projected increase in gambling tax revenue for the state once the Cedar Rapids casino opens. Amy Burkhart, a commission member, stressed the importance of considering the overall benefit to the state’s economy and revenue stream, underscoring the potential for a net gain in tax revenues.
While the decision was met with some opposition from existing casinos, commission member Julie Andres defended the choice to grant the license, citing the positive impact the project could have on the local community and the state as a whole. Emphasizing the need for growth and development opportunities, Andres highlighted the importance of supporting projects that meet high-quality standards and provide unique offerings.
Commissioner Mark Campbell echoed similar sentiments, assuring that the approval of the Cedar Rapids casino would not set a precedent for widespread gaming expansion in Iowa. Campbell emphasized the thorough evaluation process undertaken by the commission and the commitment to maintaining high standards for future applications.
Despite the majority vote in favor of the project, commission member Alan Ostergren dissented, raising concerns about the marginal increase in state gambling taxes that the new casino would generate. Ostergren’s decision to vote against the project underscores the deliberative process and diverse perspectives within the commission.
As the Cedar Crossing project prepares to move forward with the groundbreaking ceremony, the anticipation and excitement in Cedar Rapids are palpable. The promise of new opportunities, increased revenue, and a vibrant entertainment destination are on the horizon, signaling a new chapter in the city’s development.
In response to the commission’s decision, an attorney for the Riverside casino has indicated plans to file a lawsuit challenging the approval based on the wording of the Linn County gambling referendum. This legal action sets the stage for potential legal battles that may impact the timeline and implementation of the Cedar Rapids casino project.
As Cedar Rapids gears up for the groundbreaking of the new casino, the community’s hopes and dreams are intertwined with the promise of economic growth and revitalization. The journey to this pivotal moment has been long and arduous, but the future looks bright for Cedar Rapids as it embarks on this transformative endeavor.
