About 200 people, mainly a variety of state and local officials and others involved in the hospitality industry, attended the event. The $100 million project will be one of the state's largest-ever private investments in the hospitality and tourism industry, Louis Cella, president of the Oaklawn Jockey Club and owner of the track, said during a news conference near the track's paddock area.
The owner of Oaklawn Racing & Gaming on Monday announced a plan to spend more than $100 million the next two years to build a 200-room hotel and expand its casino by 28,000 square feet. Additionally, another 28,000 square feet will be added to the casino that abuts Oaklawn's south end. The project includes a 7-story, 200-room hotel with an outdoor pool and luxury spa, a restaurant and two 'presidential' suites, and a 14,000-square-foot event center.