Chris Ferrara has the pretty renderings to show he came close to developing a casino in East Biloxi, but now he’s donated an approved casino site to a Coast nonprofit.
He gave the 30-acre property just east of IP Casino and Boomtown Biloxi to the local Boys and Girls Club of the Gulf Coast. The land is valued at $28 million, he said.
“I did it truly just to help the Boys and Girls Club,” Ferrara said.
He was around the club in his younger years, he said, and saw what the organization does to make a difference in kids’ lives.
The transaction was completed on Dec. 31, after Ferrara paid about $75,000 in taxes on the property.
