Published April 26. 2012 1:00PM Updated April 26. 2012 1:02PM
BOSTON (AP) - The Mashpee Wampanoag tribe has unveiled details of a proposed $500 million resort casino in Taunton.
The tribe announced Thursday it hopes to build the resort over a five-year period on 146 acres of land at the junction of Routes 24 and 140.
The plan calls for a 150,000 square foot casino, three hotels, retail stores and a family-oriented water park. The tribe estimates the complex would create more than 2,500 permanent jobs.
The state's new casino law gives exclusive rights to a federally-recognized Indian tribe to develop a casino in southeastern Massachusetts if it can negotiate a compact with the state by July 31.
The Aquinnah Wampanoag tribe is also seeking a casino but state officials have told the tribe it waived its right to gaming in the 1980s.