With the ceremonial raising of a steel beam, executives from the Cordish Company and Commercial Interiors/TN Ward Joint Venture “topped off” the new $500 million Maryland Live! Casino, marking a significant milestone in the development of one of the largest gaming and entertainment destinations in the country.
Maryland Live! Casino is one of the largest construction projects in the state of Maryland, employing approximately 2,500 workers. The property is currently recruiting to fill an additional 1,500 new jobs and recently opened an Employment Center near the site.
Officials including Gov. Anthony Brown, County Executive John Leopold, Maryland State Lottery Agency Director Stephen Martino and Managing Partner at the Cordish Companies Joe Weinberg joined hundreds of construction workers in signing the final beam.
Joe Weinberg, said, “The ‘topping off’ marks the finale of another chapter in our development of one of the largest gaming and entertainment projects in the country. We are currently installing interior finishes, actively hiring new employees, and look forward to our scheduled opening this June.”
The economic and community impact of the Maryland Live! Casino project further extends into the region with a contribution of more than $400 million in tax revenue per year to support local schools, making it the single largest annual and ongoing source of revenue for Maryland’s children.
It includes $300 million in construction spending, $60 million in annual spending on goods and services, and provides approximately $30 million annually in revenue to the County for safer streets, improved roads, senior care and other important services.
Gov. Anthony Brown, said, “This state-of-the-art entertainment center will bring more jobs to our communities and spur meaningful growth in Maryland’s economy. I congratulate the Cordish Company and all of the partners who have worked to make this project a reality.”
Maryland Live! Casino is scheduled to open Summer 2012, pending approval from Maryland State Lottery Agency.
Located at the Arundel Mills Mall in Anne Arundel County, Maryland, the new $500 million Maryland Live! Casino will be one of the largest gaming, retail and entertainment destinations in the country with 4,750 slot machines and electronic table games, nationally-acclaimed restaurants, designer name brand shopping and a live entertainment venue.
Maryland Live! Casino – Website: www.MarylandLiveCasino.com
The Cordish Companies, now in its fourth generation of family ownership, is an international conglomerate of businesses, including one of the leading gaming, entertainment and real estate development companies in the US.
The Cordish Companies – Website: www.Cordish.com
About Commercial Interiors, Inc.
Commercial Interiors was founded in 1990 and employs over 130 full-time construction professionals that consistently provide the highest quality real estate development, general contracting and interior finishes contracting services.
About TN Ward Company
Founded in 1918 as the Frank H. Wilson Company, TN Ward continues to meet and exceed the challenges of various building projects including casinos, hotels, entertainment facilities, medical centers, colleges and universities, and industrial facilities.