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News Releases and Articles
COUNCIL BLUFFS, Iowa—Leaders of the Cedar Rapids Development Group (CRDG) and Peninsula Pacific made the following statements after today’s Iowa Racing and Gaming Commission’s April meeting: “We look forward to our presentation to the Iowa Racing and Gaming Commission this summer. As we have demonstrated, we are committed to continuing nearly two decades of experience[…]
COUNCIL BLUFFS — The path forward for a high stakes decision of whether to approve a gambling license for one or more casinos in downtown Cedar Rapids became clearer today… A timeline for evaluating the proposals also was laid out at today’s meeting and includes the following dates: July 13 — The developers of the[…]
CEDAR RAPIDS, Iowa—The Cedar Rapids Development Group (CRDG), along with Peninsula Pacific, announced today they have submitted an application to the Iowa Racing and Gaming Commission for a casino in Cedar Rapids. The proposal includes two distinct options: Cedar Crossing on the River, located in the Kingston Square neighborhood; and Cedar Crossing Central, located next[…]
By B.A. Morelli CEDAR RAPIDS — A new push for a casino in Cedar Rapids is getting support locally from people saying it would be a good addition to downtown, but there’s also skepticism state regulators would allow it. “Talking about it is a good idea, but the problem I see is the hurdle in[…]
The Cedar Rapids Development Group, along with Peninsula Pacific, will submit an application for a casino license to the Iowa Racing and Gaming Commission on February 13, 2017. The commission, after hiring a market research firm and completing a market study, is expected to make a decision in October or November of 2017. The application[…]
By. B.A. Morelli CEDAR RAPIDS — Two separate proposals for new casinos in Cedar Rapids will go before the City Council next week, according to documents released Friday. Plans include a revival of the failed 2014 casino proposal now called Cedar Crossing on the River, and a new pitch called Cedar Crossing Central, which would[…]
Who is Cedar Rapids Development Group and Peninsula Pacific? The Cedar Rapids Development Group is a coalition of investors—nearly 100 community leaders who invested several million dollars to develop a casino in Iowa’s second largest city. The CRDG spearheaded the 2013 Linn County referendum to bring a casino to Cedar Rapids, spending a significant amount[…]
ONE APPLICATION, TWO OPTIONS
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Why Cedar Crossing?
Cedar Rapids Development Group along with Peninsula Pacific submitted an application for a casino license to the Iowa Racing and Gaming Commission on February 13, 2017.
Our application offers two different potential project sites in Cedar Rapids — Cedar Crossing on the River, which the Iowa Racing and Gaming Commission considered in 2014, and Cedar Crossing Central, a new proposal. Both projects would provide a significant and sustainable revenue boost to local governments and high quality jobs to the Cedar Rapids metro area.
This project will be Cedar Rapids-focused. Our proposal would provide the best opportunity to maximize the investment of the city and private enterprise to advance and sustain the economic revitalization of Cedar Rapids.
Responsible gamers in Linn County should not have to drive an hour or more to enjoy a casino. Eastern Iowans could spend their leisure time and money locally at Cedar Crossing. In 2013, 61 percent of Linn County residents voted for a casino in the community. Residents want this amenity.