LAKE MILLE LACS - The Mille Lacs Band Of Ojibwe has announced plans for a major redevelopment project on Lake Mille Lacs.

Spokesman Joe Nayquonabe says they plan to raze the entire Eddy's Resort property, and build a new first-class resort.

Nayquonaybe says they're also building eight private cabins.

The cost for the project will be over $10 million.

Nayquonabe says the project should be done by the end of this year.

Nayquonabe says the hotel industry is a growing part of their business plan.

Last year the band acquired two of downtown St. Paul's largest hotels.  The Mille Lacs Band of Ojibwe is best known for their Grand Casino and hotels in Hinkley and Onamia.

The Mille Lacs Band Of Ojibwe has owned Eddy's Resort since 2002.