PETERSBURG, VA., October 18, 2022 /PRNewswire/ — The Cordish Companies was selected by the City of Petersburg, VA as a development partner for a planned world-class gaming entertainment destination. Tonight, the Petersburg City Council unanimously selected The Cordish Companies to help realize its revitalization vision for the city.
“The Cordish Companies are honored and delighted to have been selected by the City of Petersburg as a development partner on this transformative project,” said Zed Smith, Chief Operating Officer of The Cordish Companies. We share the commitment of Governor Youngkin, Mayor Parham and the Petersburg City Council to create a world-class entertainment destination and mixed-use project with games that will generate millions of dollars in tax revenue and a side effect of economic development, creating thousands of new jobs and benefits for the local community and will become an important new tourist destination for the city.”
The Cordish Companies is one of the largest and most respected developers and operators of upscale mixed-use, entertainment and casino resorts in The United States. It’s live! Brand is one of the most recognized and established entertainment and casino brands in the country. In gaming, The Cordish Companies has developed the most successful casino entertainment resorts in the United States, including the Hard Rock Hotel & Casino Hollywood, FL; the Hard Rock Hotel & Casino Tampa, FL; Live! Casino & Hotel Maryland; Live! Casino & Hotel Philadelphia; and live! casino Pittsburgh. The Cordish Companies have been recognized with an unprecedented seven Urban Land Institute Awards for Excellence in recognition of their achievements in urban regeneration, more than any other developer in the world. Cordish’s revitalization initiatives in cities like Charleston, SC; the inner harbor of Baltimore, Md; and Kansas City, MO have acted as a catalyst for broader growth and revitalization of this…
