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St. Croix Chippewa secure funding to complete Danbury casino project

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DANBURY, Wis. – The St. Croix Chippewa of Wisconsin have announced that funding has been secured for the completion of their new casino in Danbury.

A total of $55 million will be available to the tribe for the construction project. Heartland Business Bank of Green Bay is funding a $17 million conventional loan for construction and a $38 million loan guaranteed by the Department of the Interior. Loan papers were signed at a special ceremony at the Hole in the Wall Casino & Hotel in Danbury March 11.

“We need to show that we are progressive and competitive as a tribe and today is the start of that,” St. Croix Tribal Chairman Lewis Taylor said of the loan closing.

The tribe projects completion of the new facility by July 1.

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When completed, the new casino will feature more than 400 slots and 12 table games, a new restaurant, buffet, deli bar and lounge. The facility will also include a convention center and an attached 50-room hotel with an indoor pool.