PETOSKEY — Development is expected to continue in 2021 for Victories Square, the former site of the Little Traverse Bay Bands of Odawa Indians casino.
While construction is currently on hold for the winter season, Odawa Economic Development Management Inc. Chairman of the Board, Tanya Gibbs, said construction of a new six-story, 127-room Cambria Hotel and of a workforce housing building is expected to begin this year and be completed in 2023. .
Odawa Economic Development Management Inc. was established by the tribe to diversify its economic base beyond gaming. In 2017, it announced plans to redevelop the former 22-acre Victories Casino site, which was demolished in 2013 after being replaced by Odawa’s largest casino in 2007.
The workforce housing, called the LIHTC building, will be a 50-unit income-based housing with eight units reserved for tribal members. The tribe received a low-income housing tax credit from the Michigan State Housing Development Authority to construct the LIHTC building and is the first tribe to receive such an allowance.
“So we were the first tribe to get an allowance, like never before,” Gibbs said. “So this is the first on tribal land in Michigan, which is pretty exciting because we have a pretty serious shortage of affordable housing in the Petoskey area.”
Victories Square already has a Starbucks coffee shop, a Great Clips hair salon, a T-Mobile wireless store and a Marriott hotel.
The southwest corner of the complex was supposed to house the Boston Sports Restaurant and Bar, but due to COVID-19, as well as other issues, the franchisee was unable to bring the partnership to fruition. According to Gibbs, the tribe intends to replace Boston’s with another restaurant but has not yet made the information public.