At our Green Valley Ranch property, we're expecting to start a complete refresh of our room product, aligning the hotel with our most recent renovations made to our well-received high limit table and slot rooms of the property. Work is expected to start in June of 2025 and will continue through November of 2025. The cost of the room renovation is expected to be approximately $150 million.

Nov 7, 2024 / CFO / receipt, needs a key / Stephen Coote, CFO | earnings call 2024-11-07 | transcript b4ac9960-9ee7-4b05-965f-42d0004d6514 | chars 9702-10093 | segment 10

Turning now to North Fork, we are extremely excited about this project, which is situated on a 305-acre site located north of Fresno, California. With great ingress-egress off the heavily traveled Highway 99, the project is one of the most convenient and accessible locations in Central California, with over 5.8 million people located within two hours of the development site. When complete, this best-in-class resort will include approximately 100,000 square feet of casino space with over 2,400 slot machines, including 2,000 Class III games, 42 table games, and two food and beverage outlets and a food court with many exciting options. We have started site work and construction as we continue to finalize design. The total construction time for the project is currently anticipated between 18 and 20 months, putting the opening of the resort into 2026. The current cost of the project is expected to be approximately $785 million, which includes all design costs, construction hard and soft costs, pre-opening expenses, and any financing and development fees associated with the project.

Nov 7, 2024 / CFO / receipt, needs a key / Stephen Coote, CFO | earnings call 2024-11-07 | transcript b4ac9960-9ee7-4b05-965f-42d0004d6514 | chars 10331-11424 | segment 10