The former Rhythm City Casino support barge will not be used by developers in Keokuk, Iowa.
The barge was sold for a dollar and relocated to Keokuk after a deal with the City of Davenport was reached in 2017.
It cost a reported $250,000 to move the barge.
Now, the City of Keokuk is learning repairs to the barge will cost $10 million and the barge and its contents will likely be scrapped.
A number of Keokuk businesses originally expressed interest in getting space on the barge for things like restaurants, coffee shops, and a brewery.
Davenport alderman at-large Kyle Gripp shared the information on his Facebook page.
He says the City of Davenport will press forward with the Main Street Landing development.