of Guest Suites and Amenities from Original Plan for the
Grand Mound, Washington Great Wolf Lodge
MADISON, Wis. & CHEHALIS RESERVATION, Wash. - Great Wolf Resorts, Inc. (NASDAQ:WOLF and The Confederated Tribes of the Chehalis Reservation today announced that October 24 is the date for the official groundbreaking ceremony for their Great Wolf Lodge - Washington's first indoor waterpark resort - and conference center to be built in Grand Mound, Washington.
The resort will be built by a joint venture between the two entities: a subsidiary of Great Wolf Resorts will operate the resort, The Confederated Tribes of the Chehalis Reservation will contribute a 39-acre land parcel needed for the resort, and both parties will maintain equity positions in the joint venture.
Inspired by the spirit and adventure of the northwoods, Great Wolf Lodge will be a first-class, full-service, family destination resort. Serving as Washington's Year-Round Family Resort(TM), Great Wolf Lodge will provide a comprehensive package of family entertainment and lodging amenities including: 390 all-suite guest rooms; a 67,000 square-foot indoor entertainment area which will feature Washington's largest indoor waterpark; a 30,000 square-foot conference center; multiple food outlets; a Starbucks® coffee shop; an Aveda® Concept Spa; a children's craft and activity room; a 100-game arcade with ticket redemption; a fitness room; and a gift emporium.
The joint venture today also announced enhancements to the previously-announced size and amenities of the resort, including:
The redesign process and construction of the expanded facility add 60 - 90 days to the original development schedule. Construction is commencing and the redesigned and expanded resort is expected to open in early 2008.
Great Wolf Resorts, Inc.® (NASDAQ: WOLF - News), Madison, Wis., is North America's largest family of indoor waterpark resorts, and, through its subsidiaries and affiliates, owns and operates its family resorts under the Great Wolf Lodge® and Blue Harbor Resort(TM) brands. Great Wolf Resorts is a fully integrated resort company and owns and/or manages Great Wolf Lodge locations in: Wisconsin Dells, Wis.; Sandusky, Ohio; Traverse City, Mich.; Kansas City, Kan.; Williamsburg, Va.; the Pocono Mountains, Pa.; Niagara Falls, Ontario; and Blue Harbor Resort & Conference Center in Sheboygan, Wis. Great Wolf Lodge properties are currently in predevelopment and/or under construction in Mason, Ohio; Grapevine, Texas; and Grand Mound, Wash.
The Confederated Tribes of the Chehalis Reservation are located 25 miles Southwest of Olympia in Oakville along the Chehalis River. The Tribe and its 700 tribal members have a long history of managing programs on the reservation including Health facilities, Public Safety, Child and Family Services and Natural Resources. In recent years the Tribe has had the opportunity to implement a plan for economic development that benefits the entire South Sound region. Chehalis Tribe owns and operates 2 construction companies, 2 convenience stores (one includes a gas station) and the Lucky Eagle Casino. The Tribe has recently opened the Eagle's Landing Hotel, a 69 room hotel with meeting space, pool, spa and covered walkway to the casino. Great Wolf Lodge is part of the strategic plan for the Tribe in diversifying the economic base in the area.
This press release may contain forward-looking statements within the meaning of the federal securities laws.
Great Wolf Resorts, Inc.
The Confederated Tribes of the Chehalis Reservation
|Also See:||Great Wolf Resorts Joint Ventures with The Chehalis Indians to Build $80 million Indoor Waterpark Resort Mid-way between Portland and Seattle / June 2005|
|Great Wolf Resorts, Inc. Developing a 400-suite Great Wolf Lodge in Grapevine, Texas Across from the Gaylord Texan; Will Include 80,000 sq ft Year-round Waterpark / September 2005|