FINANCED
Wind Creek Hospitality Secures $290M Construction Loan For Chicago Casino
4011 Fountain Square Place
Development Site
Financed 219 days ago
Summary
Loan
ILLINOIS
Development Site
The developer of the $529 million Wind Creek Chicago Southland casino complex, Wind Creek Hospitality, has secured a $290 million construction loan for the project. The casino will span 24 acres in Waukegan and feature a 73,000-square-foot gambling center, a 252-room hotel, and an entertainment venue. The opening of Wind Creek Chicago Southland is slated for the fall of next year.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $290,000,000
- Address: 4011 Fountain Square Place, Waukegan
- Market: Waukegan
- Lender: PCI Gaming Authority - James Dorris
- Landlord: Wind Creek Hospitality
- Loan Type: Construction Loan
Wind Creek Hospitality, the developer behind the Wind Creek Chicago Southland casino, has secured a construction loan of $290 million from PCI Gaming Authority, with James Dorris as their representative. This loan will provide the necessary funding for the development of the casino complex, which is set to become a premier gambling destination in the southern suburbs of Chicago.
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Details
FINANCED
IMAGE: James Dorris
DATE: 10/06/2023
ADDRESS: 4011 Fountain Square Place
MARKET: Waukegan
ASSET TYPE: Development Site ~ ACRES: 24
LENDER: PCI Gaming Authority - James Dorris
LANDLORD: Wind Creek Hospitality (@windCreekHospitality)
LOAN AMOUNT: $290,000,000
LOAN TYPE: Construction Loan
NOTE: Wind Creek Hospitality, the developer of a $529 million casino complex in Chicago's southern suburbs, has secured $290 million in financing for the project. The casino, called Wind Creek Chicago Southland, will include a 73,000-square-foot gambling center, a 252-room hotel, and an entertainment venue, with an opening scheduled for the fall of next year.View on map
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Address4011 Fountain Square Place
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