Gilich noted completing the Loop will open that area of the city to more development, after it was devastated during Hurricane Katrina 11 years ago and still is mostly empty.
Ferrara said the road is paramount to get financing for the new casino.
90, Caillavet Street and Back Bay Boulevard, but the eastern end down Pine Street was never built. The loop connects casinos and businesses in East Biloxi along U.S. In October, the City Council agreed to complete the Biloxi Loop at an estimated cost of $22 million. It’s owned and operated by the Mashantucket Pequot Tribal Nation, for which Butler is the chairman. Working with him at Biloxi Boardwalk Ventures is Bill Kilduff, chief operating officer and former vice president and general manager of the Isle of Capri and Stephen Turpin, chief financial officer.įerrara said the agreement with Foxwoods also is a great deal for Biloxi. Foxwoods, in Mashantucket, Connecticut, is one of the largest casinos in the world. 'Biloxi, Mississippi, is a proven destination tourism market,' said Felix Rappaport, president and CEO of Foxwoods Resort Casino, 'with its near-perfect, year-round climate, casual coastal vibe and exciting nightlife - all of which provides a perfect location to feature our world-class entertainment offerings.'įerrara, president and chief executive officer of Ferrara Fire Apparatus in Louisiana, bought 32 acres of waterfront land on the northeastern tip of East Biloxi in 2002 and built the restaurant and marina.