BILOXI (WLOX) -- Attorney Mike Cavanaugh showed the council slides of the old Biloxi Strip along Veterans Avenue.
"Gus Stevens once had a restaurant. This sign says $1.58 buffet," he said.
While a lot has changed over the years along the old Biloxi Strip, RW developers want to recapture the essence of that era. Those plans would include a casino just north of Highway 90, east of Veterans Avenue.
The Council approved the zoning change with a 5 to 2 vote. It must still be approved by the mayor and the Gaming Commission.
"Today's vote is a wonderful testament to the vision of the City Council and the City fathers, which means we can go to the next step, which is the gaming commission," said Reed Guice, spokesperson for RW Development.
This particular project, the casino resort, would be about a $700 million project. Now that would bring RW Development's total holdings here on the Biloxi Strip to about a billion dollars. That's a big investment to the city of Biloxi," Guice said.
Guice says the investment would also generate millions of dollars for state and city coffers.
"It looks like the city of Biloxi, annually, would get about $24 million. Now that would be broken up into about $15 million for the city coffers and another $9 million for Biloxi schools. The state would also get about $36 million every year from this project," Guice said.
Work is already underway on the South Beach condominiums, one of the first phases of the project.
"And that's just one of three towers that will be on the south side of 90. On the north side, there will be another high quality convention hotel. That project is moving," Guice said.