The Oneida Indian Nation will begin construction in May on its third Central New York casino called Point Palace Casino to be located on Route 31 in the town of Sullivan in Madison County, according to

The casino is estimated to cost between $40 million and $50 million and will be built near the corner of Bridgeport-Kirkville Road, just a few hundred feet from Onondaga County near Cicero. Oneida Nation officials reportedly said that they selected this particular location due to its close proximity to highways; 15 minutes from the New York State Thruway and 13 minutes from I-81; and relative ease of access for people wishing to visit the casino who live in Cicero, Bridgeport, Syracuse, Liverpool, Clay, Fulton, and Oswego.

Oneida Nation officials reportedly told the news agency that they estimate 250 construction jobs will be created by the project and employ about 200 people when the casino opens in spring 2018.

According to the report, Point Palace Casino, named for its location near points that extend into Oneida Lake, will be rustic in design and be open 24 hours a day. The facility will be smoke-free, serve alcohol, and be 65,000 square feet, with 20 table games and nearly 500 slot machines. Other amenities include a pair of quick eats counter-service restaurants, including Burgers of Madison County and Wicked Good Pizza. The latter can also be found at both of the Oneida’s other two casinos, Yellow Brick Road Casino and Turning Stone. Additionally, Turning Stone’s bakery and chocolatier, Opals Confectionery, will also open a location at the new casino. There will also be two cocktail lounges and parking for about 800 vehicles, according to the report.

The casino will be the closest one to Onondaga County, about 10 miles from where the Oneida’s Yellow Brick Road Casino is situated, a mile from the Onondaga County Line. Oneida Nation officials said the inspiration for Point Palace came from its Yellow Brick Road Casino, which also served as the model for the new casino. The casino will be situated diagonally on 15 acres of land and face slightly toward Route 31. According to Oneida Nation officials, the new casino will attract residents from the northern suburbs, Syracuse and Oswego County where no casinos exist, as well as those who might prefer not to make the drive to the Yellow Brick Road Casino.

Late last year, more than 100 acres of land along the Route 31 corridor in Sullivan were purchased by one of the Oneida Nation’s companies, Route 31 Development Corp. According to real estate records in Madison County, the land was reportedly transferred to the Oneida Nation. About 15 of the 100 acres will be utilized for the casino. In accordance with agreements between the Oneida’s and the state of New York and federal law, because the land now belongs to the Oneida Nation and the casino will be built on that land, the tribe does not need permission or license from any local, state, or federal government to open the casino. Per the agreements with New York, the tribe can open casinos in Oneida or Madison counties on land owned by the Nation.

The announcement by the Oneida’s comes on the heels of the opening of del Lago Resort & Casino in February. The casino is the region’s newest casino and is located 43 miles west of Syracuse, in the town of Tyre in Seneca County. And while some gaming experts have reportedly said that the market Upstate is being over saturated with casinos, officials from the Oneida Nations say they aren’t worried.

Joel Barkin, a spokesman for the Nation, said, “Each of our properties offers a different experience, and Point Place will be a unique offering from Yellow Brick, and will complement the overall model we’re created.” Barkin added, “We are confident the region can support each of these businesses.”The terms of the 1993 Oneida Nation Gaming Compact with New York and a 2013 settlement agreement permit the Oneida Nation to operate casino games on nation lands in Madison or Oneida counties,” according to the report.