Swan Ranch opens in Wyoming attracting out-of-state tourism and boosting local economy

The Laramie County Board of County Commissioners meeting on November 19, 2024, focused on the successful launch of the new horse palace at Swan Ranch, which opened in June. The facility, located at exit 4 on I-25, aims to attract tourism and economic growth to Wyoming by offering various amenities, including a steakhouse, a Dunkin' Donuts, and entertainment options.

The project, which took two years to complete and cost approximately $25 million, is expected to generate significant tax benefits for the county, city, and state, estimated at around $1 million annually. Additionally, it is projected to contribute $800,000 each to horse purses and the Breeders Fund, while creating 135 permanent jobs and generating 150 temporary construction jobs.

The developers emphasized their commitment to local engagement, noting that 70% of construction spending went to Wyoming-based businesses. Currently, 110 of the 135 team members are Wyoming residents. The company also highlighted its philanthropic efforts, including the donation of three canine police dogs to Cheyenne and the establishment of a scholarship at Laramie Community College to support students in agribusiness.

The meeting underscored the project's success, with over 75% of business coming from out-of-state visitors, primarily from Colorado and Nebraska. The commissioners discussed future plans for the facility and the approval process for potential expansions, indicating a positive outlook for continued growth and community impact.