Hard Rock and Tejon Tribe Embark on $600 Million Venture
American giant Hard Rock International and Octavio Escobedo, chairman of the Tejon Indian Tribe, have reached an agreement to launch a $600 million casino resort to be located in Kern County, California.
The Tejon Indian Tribe was federally recognized on January 3, 2012, and currently numbers 972 members. By getting a Tribal re-affirmation, they have the authority to function as a sovereign government within their grounds.
On June 4, the Tribe published an official announcement, stating that Hard Rock International would manage this multimillion project on their behalf, creating more than 3,000 jobs and boosting the economy in Kern County.
As per the contract between this tribe and American operator, Hard Rock Hotel & Casino Tejon will make use of 52 acres, which are a part of a 306-acre piece of land that the government will take into trust. In addition, the collaboration will see a creation of an RV park on 22 acres.
The only Tribal nation acknowledged in Kern County has not specified when the realization of this project will commence, particularly because the two partners are obligated to secure approval from the host community.
It is expected that federal authorities will delve deeper into the agreement to establish the extent of its environmental impact on the area.