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Biloxi Resort Proposal Approved

3 March 2006

BILOXI, Mississippi – As reported by the Biloxi Sun Herald: "The $1 billion Broadwater Resort proposal passed the Biloxi Planning Commission on Thursday, with stipulations that plans for future phases would have to be approved by a committee.

"After about 3½ hours of discussion, developers of the 261-acre condo, hotel and casino resort got a height variance - which will allow one structure to be built at 403 feet, as opposed to the 220 feet specified in the city's Land Development Ordinance - among other variances and a zoning change.

"Now, the plans will go before the City Council for final approval.

"The Broadwater plans call for two casinos: one at the site of the Broadwater Hotel and another south of U.S. 90.

"…The Broadwater Resort would be built with some 3,375 total condo and 1,900 hotel-room units on site and would also have an 18-hole golf course, with possible condominiums to be built on the site of the former Broadwater Sun Golf Course. The golf course, which is about 180 acres, would also have retail shops along the edges…"

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