Virginia: Details of proposed Petersburg casino remain a mystery

Virginia: Details of proposed Petersburg casino remain a mystery

Article brief provided by Richmond Times-Dispatch
  • Michael Martz, Richmond Times-Dispatch
October 26, 2022 3:10 PM
  • Michael Martz, Richmond Times-Dispatch

The Cordish Companies’ first public appearance before Petersburg City Council provided few answers about where the Baltimore-based developer proposes to build a casino resort in the economically struggling Southside city.

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Cordish officials talked about corporate culture, employee benefits and commitments to minority contractors in the meeting on Tuesday, but they didn’t say how much capital they propose to invest in the project, how many jobs they expect it to create or even where it would be.

Zed Smith, the company’s chief operating officer, told Council that Cordish is “in the process of finalizing a formal plan,” which he expects to submit within 30 days.

Petersburg Mayor Samuel Parham replied, “We look forward to the journey together.”