HAMPTON — City Council approved Wednesday night a building permit for an indoor off-track betting facility.
The vote was unanimous, 7-0 with 17 conditions, including changing to the off-betting tracks operating hours from 8 a.m. to 2 a.m.
Colonial Downs LLC. and Peninsula Pacific Entertainment, based in Richmond, will invest approximately $30 million in capital to renovate the building, 1990-1999 Power Plant Parkway, right next to PBR in the Power Plant Parkway Shopping Center, according to the proposal.
The off-track betting facility features a maximum of 700 betting machines which allows customers to bet on live and past races and includes three American bistro style restaurants.
According to the proposal, Colonial Downs plans to hire 200 full and part-time employees, with the average person making about $42,000 per year.
In a Facebook Live event around 10 a.m. Thursday, Mike Donovan, vice president of marketing for Colonial Downs and Peninsula Pacific Entertainment, said the company will hold two jobs fairs on Feb. 14 and Mar. 14 for the new betting track, which is scheduled to open in late September.
