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Pompano Beach city commissioners granted the first approval to a land-use change that would more than triple the maximum number of residential units on the Isle Casino Racing Pompano Park.
The Cordish Companies' gaming and entertainment resort developments focus on creating high-profile, one-of-a-kind destinations. Entertainment Districts. Casinos. Hotels Live! Began with The Cordish Companies' branded entertainment districts, which set a new standard for design and best-in-class customer experiences. Cordish Companies have expressed excitement over the huge facility, which aims to provide entertainment to cater to all needs and preferences. The project has cost around $700 million and offers a host of amenities. The size of the complex is over 500,000 square feet and it will be home to more than 2,000 slots, as well as 150 table games.
Reno, Nevada-based Eldorado Resorts is in a joint venture to redevelop the 223-acre Pompano Beach property with Baltimore-based Cordish Companies, the developer of the Seminole Hard Rock Hotel & Casino in Hollywood.
Eldorado, a casino entertainment company with 26 properties in 12 states, acquired the Pompano Beach property as part of its $1.7 billion purchase of Isle of Capri Casinos in 2017.
At their meeting Tuesday night, Pompano city commissioners unanimously approved the first reading of a proposed land-use plan amendment that would increase the allowable number of multifamily units on the casino property to 4,100 from 1,300. The change would also more than double the allowable office space on the property to 2 million square feet from under 1 million square feet.
But the allowable amount of commercial and commercial recreation space would be reduced to 1.3 million square feet from 2.58 million square feet.
The project would transform the casino and racing park into an urban village called Live! Resorts Pompano. Cordish has a nationwide portfolio of mixed-use developments that bear the Live! Brand.
2020 pop slots free chips. Holland & Knight attorney Debbie Orshefsky, who represents Cordish, said the developers are aiming to attract a major corporate headquarters to the office component of their mixed-use development.
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“This is probably the largest and most significant redevelopment project the city has seen in the last 10 years,” said David Recor, the city’s director of development services.
If both Broward County and the state Department of Economic Opportunity approve the land-use plan amendment, city commissioners would make their final decision by voting on a second reading of the amendment, likely early next year.
City commissioners also approved a rezoning of the Isle Casino property that Cordish and Eldorado had proposed. They switched the zoning to “planned commercialindustrial district” from a mix of three other zoning designations, including “commercial recreation.”
“This is a five-, seven- or 10-year undertaking,” Abraham Rosenthal, senior development director of Cordish, told commissioners at their meeting Tuesday night. “We don’t have a definitive site plan … The master plan will follow once we have planning and zoning in place.”
Almost no one at the sparsely attended city commission meeting spoke against the redevelopment. Pompano Beach vice mayor Barry Moss, who praised the project, said he was “absolutely flabbergasted by the lack of controversy.”
A Leader in Gaming Development & Operations
The Cordish Companies' gaming and entertainment resort developments focus on creating high-profile, one-of-a-kind destinations. We set a new standard for gaming destinations with our development of the two Seminole Hard Rock Hotel & Casinos in Hollywood and Tampa, Florida, the first Hard Rock hotels and casinos in the United States outside of Las Vegas. These resorts rank among the top performing and most profitable gaming operations in the world.
We have full in-house development, construction and operating capabilities for destination resort/casinos, led by long-time Cordish senior partner Joseph Weinberg. Our senior staff includes some of the most experienced and respected executives in the gaming and hospitality industries. Most recently, we developed and fully operate Live! Casino & Hotel Maryland, one of the largest commercial gaming, retail and entertainment destinations in the United States. In 2017 we were awarded the license to develop a major new casino and hotel in Philadelphia’s Stadium District, planned for a 2020 opening.
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- Consistently setting new standards in quality and profitability of regional casinos
- Seminole Hard Rock Casinos in Hollywood and Tampa, and Live! Casino & Hotel Maryland all among top ten largest casinos in country
- Live! Casino Philadelphia under development
- Live! Casino brand also expanding internationally