Maryland Live! Casino Gets the Green Light for $150M Expansion
- Sep 24, 2015
An additional upscale hotel featuring 300 suites, a variety of dining options and luxury amenities, as well as a conference center for up to 4,000 people are planned for the major expansion of Maryland Live! Casino.
“We extend our thanks to County Executive Schuh, Councilman Pete Smith, and all members of County Council for their thoughtful consideration and support of this important economic development initiative,” Joe Weinberg, managing partner of The Cordish Companies, said in a statement. “As a locally owned business, The Cordish Companies remains committed to Anne Arundel County, and we are committed to the growth and expansion of Maryland Live! Casino and maintaining our position as the premier gaming and entertainment destination in the State.”
The city council approval included a $22.5 million tax incremental financing bond for the infrastructure improvements for the hotel and conference center expansion, which will create 1,000 new permanent and construction jobs. The repayment of the bond will come out of new revenues generated by the hotel and conference center.
Located at 7002 Arundel Mills Cir, Maryland Live! Casino is currently one of the largest employers in Anne Arundel County, with more than 3,000 team members.
Image courtesy of Maryland Live! Casino