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The land behind Bass Pro Shops in Bristol could soon be a Virginia resort. (Photo: Discover Bristol)
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The Eastern Band of Cherokee Indians (EBCI) announced Tuesday that it is partnering with commercial real estate developer Steve Johnson to expand a luxury resort to 350 acres in Washington County. The vacant lot is adjacent to Johnson’s mixed-use commercial development known as The Pinnacle.
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Pinnacle is located south of the Tennessee-Virginia border along I-81. EBCI President Richard Sneed said the plan is in addition to plans for a hotel, a 15,000-seat outdoor concert venue and an indoor water park.
I visited the site along I-81 and was impressed with its strategic gateway location that serves five areas of the state,” Sneed said. “We intend to bring positive and impactful new tax revenue and employment to Washington County and Southwest Virginia.”
There are two tribes in the Cherokee’s home state, Harrah’s Cherokee and Harrah’s Cherokee Valley River. Caesars Entertainment is responsible for operating the property.
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Two Virginia businessmen, Jim McGlothlin and Clyde Stacy, led the charge to bring the game to the Old Dominion. They partnered with Hard Rock International, which owns the Seminole Tribe in Florida, to ask for $250 million.
Bristol Mayor Randy Eads lent his support to the project, called Hard Rock Bristol, in November. “Hard Rock is synonymous with music. With our history of music in Bristol, with a new partner as relevant to the music industry as Hard Rock, I couldn’t imagine a more exciting time to be in Bristol,” Eads said at the time.
“Today’s announcement could affect all of Southwest Virginia, and I don’t want that to happen,” Eads said. “Southwest Virginia needs to work together, not against each other, for real economic development to happen in our region.”
SB1126 was signed into law by the governor last March. Ralph Northam (D). The bill could allow construction in Bristol, Danville, Portsmouth, Richmond and Norfolk, all five of which meet the law’s requirements.
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However, SB1126 requires the Joint Legislative Audit and Oversight Commission (JLARC) to review gaming laws in other states and the economic benefits of licensing in the five cities. SB1126 must be reactivated in 2020. General Assembly and until 2020 July 1 no license is issued.
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