The Cordish Companies formed a joint venture with Eldorado Resorts Inc., owner of Isle Casino Racing Pompano Park, to build a mixed-use development around the casino and harness racing track in Pompano Beach.
The 223-acre development would include an office campus, a hotel, residences, and space for retail stores and restaurants.
Pompano Beach Mayor Lamar Fisher said in a prepared statement that city officials “look forward to working closely together with The Cordish Companies and Eldorado Resorts in creating a destination like no other.”
Reno, Nevada-based Eldorado Resorts acquired the Pompano Beach property as part of its $1.7 billion purchase of Isle of Capri Casinos in 2017. Eldorado owns and operates a total of 20 casino properties in ten states.
Among other Florida projects, Baltimore-based Cordish developed the Seminole Hard Rock Hotel & Casino in Hollywood. – Mike Seemuth
For more details from The Real Deal Miami, visit https://therealdeal.com/miami/2018/04/29/mixed-use-development-to-unfold-around-pompano-beach-casino-and-racetrack/
