Rivers Casino Portsmouth will break ground this year on a new hotel two years after opening.
Mayor Shannon Glover made the announcement Friday during the annual State of the City address, held in the casino.
Rivers Casino Portsmouth General Manager Roy Corby said Friday that The Landing Hotel is expected to break ground this yeard, with completion expected by 2027.
Hotel plans were part of the city’s agreement with casino operators, Rush Street Gaming. The deal was that they would begin building a hotel if at least $175 million of profit is made in one year while competing against Norfolk’s yet-to-be-built casino, or if $250 million is made annually over two years.
