Cape Girardeau community leaders along with representatives from Isle of Capri Casinos broke ground March 31 at the location of what could be Missouri's newest casino.
The casino will be located in downtown Cape. The groundbreaking ceremony was at the corner of Main Street and Mill Street.
More than 100 people attended the groundbreaking ceremony to kick off phase one of the construction. Phase one includes a 137,000 square foot building that will house the casino, banquet center, gift shop, restaurant and offices.
Phase two will be the addition of a hotel, more parking and a small residential development.
Cape Girardeau Mayor Harry Rediger says that the make over of the ambience of Broadway Street is still going on.
"Broadway Revitalization will go on as scheduled," Rediger said. "Our target date is Oct. 2012 and it is our objective to be finished with that as they open the casino."
The casino has been an ongoing project for almost a year now. The Missouri Gaming Commission picked Isle of Capri as the preferred developer back in December 2010.
"We've been working on this since last May," said Dick Miester, Vice President of Design and Construction. "We've got the design done, prioritization, we've picked up all the land and we're finally ready to start relocating Main St. and the utilities, which is the first step in building the casino, so we're very excited.
The $125 million project is expected to be completed in late 2012.