Richmond Receives Multiple Proposals For City’s First Casino
Source: Shareif Ziyadat / Shawn Carter Foundation
Multiple casino proposals have been submitted since Gov. Ralph Northam signed legislation into law which authorized Richmond to host casino gaming establishments. Urban One unveiled plans for a $517 million entertainment, dining and gaming destination at 2001 Walmsey Boulevard that would be the nation’s only Black-owned casino if chosen.
Bally’s Corporation is proposing a $650 million project on a 61-acre area near Powhite Parkway and Chippenham Parkway which would include a hotel, casino, a multi-use event space and 3,000 seat stadium and create 2,000 permanent jobs.
Cordish Companies, which owns at least five large casino resorts across the country, has submitted a $600+ million plan to build a casino resort in Scott’s Addition, featuring a casino, luxury hotel, spa and fitness facilities, a live entertainment venue with 18 restaurants, bar and entertainment venues.
And third was the submission from the Pamunkey tribe for a 24.5 acre site would be further south right off 1-95 South after exit 69.
More proposals are expected to be announced.
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