What's the truth about the completion of construction on MotorCity Casino?

Another Detroit Free Press story published 11.27.07 notes:

"Also unlike the MGM, MotorCity has elected to unveil its permanent facility in stages instead of a massive grand opening. In June, the new high rollers area and poker room opened to the public. Wednesday is the hotel’s debut. At the end of the year, the new Iridescence restaurant and a lounge will open on the tower’s top floor. And by the end of March next year, the rest of the renovated gaming areas, convention and banquet space and the concert area will be open."

In 2005, Marian Ilitch, the casino's owner told investors that construction on the $275 million expansion would be completed by the end of 2007.

Now it's reported the expansion has cost $300 million and wont' be completed until sometime in 2008.