Petersburg, Va. — Cordish Cos. has announced plans for a $1.4 billion mixed-use project located in Petersburg, roughly 24 miles south of Richmond. Upon completion, the development, dubbed Live! Gaming & Entertainment District, will comprise 4 million square feet, including 600,000 square feet of retail, dining and entertainment space. The property will also include 1,300 residential units, 500 hotel rooms and office space. Built in phases, the project’s first phase will consist of the Live! Casino & Hotel Virginia, pending legislative approval. Plans for the first phase include 670,000 square feet featuring a 200-room hotel with 20 suites; an event center; 2,000 gambling slots and 60 live-action table games; dining and a sportsbook.
Cordish Cos. to Build $1.4 Billion Mixed-Use Development in Metro Richmond