By: Christine Souders
A new player is competing for the chance to build a land based casino in Davenport.
Clairvest Group Incorporated is teaming up with local developer Rodney Blackwell.
Blackwell said he doesn't want Davenport citizens to settle for the 3rd best casino in town, so he's making a move.
It's a $250 million dollar development, which includes 250 acres bordering the Southwest intersection of I–74 and I–80.
Land, Quad City Developer Rodney Blackwell said he was finally able to secure.
"Between 80 and 280, as you start to investigate that, it's a little too far out there, and finishing off this retail corridor, the property tax it gets for the people of Iowa, and sales tax, it'll be like our Michigan Avenue."
Blackwell said his vision for a land based casino would add 360 hotel rooms, as well as some new restaurants.
"We have the land, we have the expertise to operate, and we have the capital to get the deal done," said Jeff Parr, CO-CEO of Clairvest Group.
City council is expected to make a decision Wednesday on the Riverboat Development Authorities' recommendation for a $110 million dollar, non–exclusive agreement with Dan Kehl's Scott County Casino LLC.
But some aldermen said the new option is appealing.
"It's right at the corner of I–74 and I–80. I don't know how you can find a better spot for it," said Bill Edmond, 22nd Ward Alderman.
Kehl has until October 15th to reach a buying agreement with the Isle of Capri.
But even if council approves a non–exclusive agreement with Kehl, it's still not a done deal.
As for Clairvest Group and Blackwell, to move forward they still need the green light from the RDA and Iowa's Racing and Gaming Commission.
Alderman Bill Edmond said there could be a push to table a decision on Kehl's proposal.
The Clairvest Group said if given the opportunity to take the lead, they would start construction within 6 months, and be open for business in two years.