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The groundwork for the enormous project known as the Live! Gaming & Entertainment District, which is projected to cost $1.4 billion, has been laid by a ground-breaking partnership between Bruce Smith Enterprise and The Cordish Companies. This ambitious project, which is led by Live! Casino & Hotel Virginia, aims to revolutionize hospitality and entertainment in Petersburg.
The proposed location of the Live! Gaming & Entertainment District is strategically located along the East Coast’s crucial north-south artery, near the intersection of Wagner Road and Interstate I-95. The project is positioned as a symbol of economic revival for the City of Petersburg because to its advantageous location, which guarantees accessibility and exposure.
With projections estimating billions in economic benefits, including job creation and community enhancements, the Live! Gaming & Entertainment District signals a transformative opportunity for Petersburg and its residents. As part of the development plan, Bruce Smith Enterprise and The Cordish Companies aim to fast-track the opening of an initial phase casino within the next year, kickstarting the project’s momentum.
When it’s all said and done, the Live! Resort will be a vast complex that covers more than 400,000 square feet and offers a dynamic combination of gaming, lodging, and dining options. With features including 1,600 slot machines, 46 live-action table games, a 15-table poker room, high-limit gaming sections, and a cutting-edge sportsbook, the resort offers guests an unmatched entertainment experience.
Zed Smith, COO of The Cordish Companies, hails the collaboration with Bruce Smith Enterprise and expresses excitement for the initiative, highlighting common values and a dedication to community development. With a proven track record of building ground-breaking mixed-use complexes and casino resorts, The Cordish Companies is well-positioned to apply its experience to Petersburg and fulfill its commitment to fostering economic growth and job creation.