Bruce Smith Enterprise, Cordish Cos. partner on proposal to codevelop $1.4b mixed-use development in Virginia

Bruce Smith Enterprise and The Cordish Companies have responded to a request for proposal issued by the City of Petersburg, Va., with plans to codevelop a $1.4 billion Live! Gaming & Entertainment District, anchored by Live! Casino & Hotel Virginia. The proposed project will generate billions of dollars in economic benefits and spinoff development, create thousands of new jobs and benefits to the local community, and become a major new tourist destination for the city and the Central Virginia region.

The proposed site is ideally situated at the intersection of Wagner Road and Interstate 95 with easy access on and off the East Coast's major north-south interstate, making it the premier location in the commonwealth. The partners also intend