The Cordish Companies’ Live! Casino & Hotel Philadelphia Wins Best Hospitality Deal During the Philadelphia Business Journal’s 2021 Best Real Estate Deals & Dealmakers of the Year Awards
The Cordish Companies’ Live! Casino & Hotel Philadelphia was awarded top honors in the Best Hospitality Deal category by the Philadelphia Business Journal during the 2021 Best Real Estate Deals & Dealmakers Awards. The annual awards recognize the trending deals and projects in the Greater Philadelphia area based on a number of criteria, including dollar value, job creation, creativity and overall impact on the community.
Live! Casino & Hotel Philadelphia is a world-class gaming, hotel, dining and entertainment destination located in the heart of Philadelphia’s Stadium District. The property has set a new standard for development in the City bringing economic opportunity and inclusivity to local residents. Live! Philadelphia is projected to generate over $2 billion in economic stimulus to the City along with $100 million in tax revenues for the City in its first five years of operation, including $25 million to Philadelphia’s School District. The project has also generated over 5,000 new construction and permanent jobs.
“We are honored to be recognized by the Philadelphia Business Journal for this prestigious award as the best real estate deal in the area for retail and hospitality,” said Rob Norton, President, Cordish Gaming Group, the gaming division of The Cordish Companies. “We’ve been warmly welcomed into the Philadelphia community over the past year, and this award allows us to reflect on our commitment to providing an unforgettable entertainment experience to the city.”
At more than 510,000 square-feet, the property includes a state-of-the-art casino, FanDuel Sportsbook and Lounge, over 200 luxury hotel rooms and multiple dining and entertainment venues – including top Zagat-rated steakhouse, The Prime Rib, one-of-a-kind sports venue Sports & Social, and Asian-fusion restaurant, Luk Fu. Live! Philadelphia has transformed the City’s Stadium District into an integrated sports, entertainment and casino-resort destination, making it the only place in the country to experience big league action from four major professional sports teams, best-in-class dining and entertainment, world-class gaming and luxury hotel accommodations.
The $700 million Live! Casino & Hotel Philadelphia is the latest investment by The Cordish Companies in the South Philadelphia Stadium District. Over the latest decade, the Company has invested over $1 billion which began with the opening of Xfinity Live! in partnership with Comcast Spectacor.
About Live! Casino & Hotel Philadelphia
Voted Best Overall Gaming Resort in Pennsylvania by Casino Player Magazine, Live! Casino & Hotel Philadelphia has transformed the South Philadelphia Stadium District into a nationally unrivaled one-stop destination to enjoy the fast-paced action of four major professional sports teams, memorable entertainment, premier dining, well-appointed hotel accommodations and world-class gaming. Conveniently located off I-95 and I-76, the facility features more than 200 luxury hotel rooms that are Sharecare Health Security VERIFIED™ with Forbes Travel Guide, a FanDuel® Sportsbook and Lounge, over 2,100 slots and electronic table games, and 150 live action table games, including a dedicated poker room. New dining and entertainment options include the Zagat-rated #1 steakhouse The Prime Rib®; Luk Fu, serving authentic Asian cuisine; Sports & Social Philly, a one-of-a-kind sports restaurant, gaming venue and social lounge; the 10th Street Market, a unique food hall featuring Guy Fieri’s Taco Joint and Guy’s Burger Joint; Philadelphia-favorites Lorenzo and Sons Pizza, Termini Bros. Bakery and Sang Kee Noodle Bar & Kitchen; Morty’s Deli and Luckie’s Liquor. A spirited nightlife scene at Center Bar and R Bar rounds out the Live! experience. The property offers more than 15,000-square-feet of customizable meeting and event space, as well as ample, secure parking. Live! Casino & Hotel Philadelphia was developed and remains owned and managed by Stadium Casino RE, LLC, an affiliate of The Cordish Companies, the premier developer of Live! dining, entertainment, gaming, hotel and sports-anchored destinations in the country. For reservations, call 1-833-472-5483 or visit Philadelphia.LiveCasinoHotel.com. Follow us on Twitter, Facebook and Instagram - @livecasinophl
About The Cordish Companies
The Cordish Companies’ origins date back to 1910 and encompass four generations of privately-held, family ownership. During the past ten decades, The Cordish Companies has grown into a global leader in Commercial Real Estate; Entertainment Districts; Sports-Anchored Developments; Gaming; Hotels; Residential Properties; Restaurants; International Development; Coworking Spaces; and Private Equity. One of the largest and most respected developers in the world, The Cordish Companies has been awarded an unprecedented seven Urban Land Institute Awards for Excellence for public-private developments that are of unique significance to the cities in which they are located. The Cordish Companies has developed and operates highly acclaimed dining, entertainment and hospitality destinations throughout the United States, many falling under The Cordish Companies’ Live! Brand, highly regarded as one of the premier entertainment brands in the country. In gaming, The Cordish Companies has developed among the most successful casino hotel resorts in the world including the Hard Rock Hotel & Casino Hollywood, Hard Rock Hotel & Casino Tampa and Live! Casino & Hotel Maryland. Welcoming over 55 million visitors per year, these developments are among the highest profile dining, entertainment, gaming, hotel and sports-anchored destinations in the country. Over the generations, The Cordish Companies has remained true to the family’s core values of quality, entrepreneurial spirit, long-term personal relationships, and integrity. As a testimony to the long-term vision of its family leadership, The Cordish Companies still owns and manages virtually every business it has created. For more information visit www.cordish.com or follow us on Twitter.
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