WARRIOR PROJECT PRESENTATION

WARRIOR ENTERTAINMENT UNVEILED THEIR PROPOSAL MONDAY EVENING TO BUILD A DOWNTOWN CASINO NEXT TO A RESTORED WARRIOR HOTEL AT 6TH AND NEBRASKA STREETS.

LANCE MORGAN, THE C-E-O OF HO CHUNK INCORPORATED, WHICH IS THE MAJOR PARTNER IN THE PROJECT, OUTLINED A PLAN THAT WOULD PROMOTE DOWNTOWN SIOUX CITY FROM PEARL STREET TO HISTORIC 4TH:



THE WARRIOR, WHICH HAS BEEN EMPTY FOR 40 YEARS, WOULD BE RESTORED NOT JUST AS A HOTEL, BUT ALSO INCLUDE DINING AND RETAIL:



MORGAN SAYS THE WARRIOR WOULD PARTNER WITH THE ORPHEUM TO BRING MORE ENTERTAINMENT ACTS TO THAT VENUE.

THE 122-MILLION DOLLAR PLAN ALSO INCORPORATES THE DAVIDSON BUILDING, BUILT IN 1913, FOR EITHER CONDOS, RETAIL OR ADDITIONAL HOTEL SPACE. IT ALSO INCLUDES A SHUTTLE SERVICE AND TWO PARKING GARAGES.

MORGAN SAYS 71 PER CENT OF THE NET PROFIT WOULD REMAIN IN SIOUXLAND, AND THE NON-PROFIT LICENSE HOLDER SIOUXLAND STRONG WOULD BE ABLE TO INVEST MILLIONS IN LOCAL ECONOMIC DEVELOPMENT PROJECTS.

HE SAYS IF THE IOWA RACING AND GAMING COMMISSION SELECTS THE WARRIOR FROM AMONG THE FOUR COMPETING PROPOSALS IN THE SPRING, THE ARGOSY RIVERBOAT EMPLOYEES WOULD BE WELCOME FOR MANY OF THE 468 JOBS CREATED.