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The Danville City Council met May 8th to review the casino amendments submitted by Caesars. The construction costs for Caesars Virginia in Danville have risen from an initial estimate of $400 million in 2020 to over $750 million today. As a result, Caesars requested some changes to its development agreement with the city.
At the same time demolition crews have also begun work at the site to dismantle and remove the Dan River factory buildings. The large Dan River finishing building is 617,000 square feet and will be removed near the end of the demolition project. The three smokestacks will be preserved as a feature of the resort. Construction of Caesars Virgina began today at a groundbreaking ceremony. The Eastern Band of Cherokee Indians (EBCI) has joined with Caesars Entertainment to build the new $675 million Caesars Virginia in Danville, VA.
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