Isle Buys Golden Nugget's East Biloxi Land - WLOX.com - The News for South Mississippi

Isle Buys Golden Nugget's East Biloxi Land

The talk about Golden Nugget creating a resort in east Biloxi is over. The property Golden Nugget owned has been sold. And the new owner is the Isle of Capri.

Isle executives paid an undisclosed amount of money to buy most of the land between Myrtle Street, First Street, and Point Cadet Plaza. The nearly five acre site is just north of the Isle's Point Cadet casino. The only property in that city block the Isle didn't buy was the old Slavonian Lodge location.

An Isle spokesperson said Biloxi resort executives had no immediate plans for their new property.

Mayor A.J. Holloway called the Isle's purchase good news, because "it shows a strong commitment to Biloxi, and it's a commitment being made by a company that pioneered gaming here in our city and has established itself as an exemplary corporate citizen over the years."

Right after the hurricane, Golden Nugget's parent company made a presentation to the Biloxi City Council. The Landry's group wanted to use Point Cadet property and the land it bought next door to create a casino, restaurants, and a festive boardwalk. The city council said no, in part, because the Isle of Capri's Point Cadet lease gave it the first right of refusal on any development project.

The Isle of Capri is already in the midst of a $180 million expansion at its Point Cadet resort.  The Golden Nugget land purchase is not tied to that expansion. 

The Isle also has plans to build another Harrison County casino off I-10 at exit 20.  Isle spokesperson Jill Haynes said those discussions are not impacted by her company's decision to buy the five acres of land in east Biloxi.

By Brad Kessie

  • NEWSMore>>

  • Breaking

    Comedian, actor Jerry Lewis dies at 91

    Comedian, actor Jerry Lewis dies at 91

    Sunday, August 20 2017 4:17 PM EDT2017-08-20 20:17:51 GMT

    The aging star worked for more than six decades raising money for the Muscular Dystrophy Association (MDA), most notably through hosting the annual Muscular Dystrophy Association Labor Day Telethon, an event as well-known as any of his movies.

    More >>

    The aging star worked for more than six decades raising money for the Muscular Dystrophy Association (MDA), most notably through hosting the annual Muscular Dystrophy Association Labor Day Telethon, an event as well-known as any of his movies.

    More >>
  • Historic home threatened by development in Mississippi town

    Historic home threatened by development in Mississippi town

    Sunday, August 20 2017 4:06 PM EDT2017-08-20 20:06:09 GMT

    One of two pre-Civil War houses in a Mississippi college town could fall to development.

    More >>

    One of two pre-Civil War houses in a Mississippi college town could fall to development.

    More >>
  • Palmer Creek neighbors told to boil water due to chlorine leak

    Palmer Creek neighbors told to boil water due to chlorine leak

    Sunday, August 20 2017 11:29 AM EDT2017-08-20 15:29:15 GMT
    Cleanup crews return to East Wortham Road to make sure chlorine is no longer leaking from a damaged utility box (Photo Source: WLOX News Now)Cleanup crews return to East Wortham Road to make sure chlorine is no longer leaking from a damaged utility box (Photo Source: WLOX News Now)

    The people who live near Palmer Creek and East Wortham Road in Harrison County are being told to boil water before using it. The warning comes after a deadly Saturday night crash that led to a chlorine cloud covering the area. Hazmat crews returned to Palmer Creek Sunday morning to make sure the utility system damaged in that crash is no longer leaking chlorine. Harrison County's sheriff says a stolen car crashed into the a utility box on E. Wortham Road right before 10:00 p.m.

    More >>

    The people who live near Palmer Creek and East Wortham Road in Harrison County are being told to boil water before using it. The warning comes after a deadly Saturday night crash that led to a chlorine cloud covering the area. Hazmat crews returned to Palmer Creek Sunday morning to make sure the utility system damaged in that crash is no longer leaking chlorine. Harrison County's sheriff says a stolen car crashed into the a utility box on E. Wortham Road right before 10:00 p.m.

    More >>
Powered by Frankly