Caesars Entertainment is partnering with one of the oldest real estate development conglomerates in the US to create a mixed-use development area near Harrah’s Pompano Beach Casino in Florida.
The Cordish Companies in addition to Caesars Enjoyment plan a new 223-acre progress in Pompano Beach, merely 35 mls north regarding Miami, close to the profitable Harrah’ s i9000 Pompano Seashore, a Lakewood ranch casino managed by Caesars.
The project, known as The Pomp, calls for 4,000 residential units, two hotels, over 1 million square feet of office space and Harrah’s Pompano Beach Live! as the centerpiece for entertainment and as a tourist attraction. Once completed, it would be one of the largest mixed-use development complexes in the state. The development will be built on the former site of Isle Casino and racetrack, which Caesars acquired in 2018. The location already houses Harrah’s Pompano Beach, which features a 40-table World Series of Poker room and 1,500 slot machines.
Precisely why Caesars is definitely building The particular Pomp
In a assertion announcing the expansion with Cordish , Caesars has expressed its desire to venture into mixed-use development. The decline in horse racing has shifted the focus towards residential, hotel and entertainment development. Caesars and Cordish are confident that a unique casino and resort development can attract visitors from across the state and the region. The presence of up to 4,000 residential units within walking distance of the Harrah’s casino would serve as a foundation for potential customers. Established in 1910, the Cordish Companies is a Baltimore-based real estate developer with extensive experience in building entertainment destinations. It has also developed the Live! brand, which has been implemented across the country, including at resort casinos in Baltimore, Maryland, Arlington, St. Louis, Kansas and Philadelphia. “The Pomp represents one of the most dynamic opportunities for placemaking in the United States,” said Blake Cordish, principal of the Cordish Companies. “There is no comparable development in South Florida that combines casino gaming with best-in-class entertainment, retail, dining, hotel, residential, office and lifestyle amenities into one vibrant destination.” Expanding its footprint in Florida makes sense for Caesars, especially considering the potential future legalization of online gambling and online casinos in the state. Currently, the Seminole Tribe and its Hard Rock brand have a near-monopoly in Florida.
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Information on The Pracht from Caesars
According to the progress plan, The Pomp will feature a Topgolf location with over 100 hitting bays, a Sports & Social restaurant, a PBR Cowboy Club, and other dining and commercial spaces. Several parts of the development, including Topgolf, are expected to open in 2023. “We are completely reimagining what this area of South Florida looks like for residents and visitors to Pompano Beach with The Pomp and Live! through our partnership with The Cordish Companies,” said Anthony Carano, President and COO of Caesars Entertainment. “Building on the success of our newly redesigned and rebranded Harrah’s Pompano Beach casino, we are committed to delivering a unique entertainment and lifestyle destination, unlike anything in South Florida, that will offer the best in gaming, world-class amenities and attract new visitors to the dynamic area.”
The particular Cordish Firms are no strangers to Lakewood ranch. It earlier worked with the particular Seminole Group of Lakewood ranch on their Hard Mountain Hotel & Casino Showmanship and Tough Rock Hotel room & Gambling establishment Tampa. The company is definitely developing the Resabiado Dolphin Shopping center in Arkansas, as well as a thirty-six, 000-square-foot eating and enjoyment project on the Pointe Orlando, Florida.
Dan Sherlock Holmes is a Staff members Writer when it comes to PlayFL together with plenty of knowledge under his / her belt. Lalu has prepared three guides about athletics and earlier worked for the National Hockey Hall of Fame plus Major League Baseball. This individual also has substantial experience within the launch associated with sports betting in states, which includes Ohio, Ma and Baltimore. Currently, Serta is moving into Michigan together with his family.
