Cordish Companies plans $1.4 billion casino resort in Petersburg, VA

The City Council of Petersburg, Virginia, unanimously selected the casino operator The Cordish Companies on Tuesday to develop a $1.4 billion casino resort in the southeastern corner of Petersburg. The project to be developed in three stages over a 15-year period is promising for the city economy but also faces contingencies.

“Just because the council voted tonight doesn’t mean this is a done deal,” said City Manager John March Altman after the meeting.
 
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