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RICHMOND, CA-The City of Richmond is considering a proposal from a Pomo Indian tribe to buy shipping port Terminal 3 for a casino and hotel development, which it says will boost the local economy.

The Scotts Valley Band of Pomo Indians has offered to buy the dock site, which is located directly across from the historic Ford Assembly plant, for $10 million. It would be placed in a federal trust. The tribe is working with Kean Companies, a Las Vegas development company, to develop the 215,000-sf project, which will be modeled after Las Vegas casinos.

The city council will conduct a study of the proposal. According to the proposal, the city’s economy will improve with the development of a casino, as it will bring thousands of jobs, and generate $3 million per year for the first three years and $5 million per year for the next 13 years in income for the city.

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