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SESSION. THIS MEETING IS ADJOURNED. NEXT. WE'LL ROLL ONTO OUR SPECIAL CALLED CITY COUNCIL
[1. Roll Call]
MEETING. UM GOOD AFTERNOON, EVERYONE. IT IS 401, AND WE'RE READY TO GET STARTED. UM MADAM CLERK. PLEASE CALL THE ROLL. COUNCIL MEMBER CUTHBERT YEAH. MEMBER WILSON SMITH. COUNCILMAN FROM IRS COUNCIL MEMBER WESTBROOK, COUNCIL MEMBER HILL VICE MAYOR SMITH LEE. BURN HERE[Additional Item]
NEXT, UM GETTING STARTED. WE HAVE OUR SENATOR HERE. SENATOR JOE MORRISSEY IS HERE. I JUST WANT TO GIVE THEM A OF A FEW MINUTES TO TALK ABOUT THE LEGISLATION THAT HE PUT IN FOR THE CITY OF PETERSBURG TO OPEN UP. CENTER MARCY HELLO. HOW ARE YOU DOING? FINE. THANK YOU, MR MAYOR. MEMBERS OF CITY COUNCIL. GOOD TO BE HERE AGAIN WITH YOU IN MARCH. JUST GIVE YOU A VERY BRIEF, UH, SUMMARY OF HOW WE GOT TO THIS POINT TO HAVING LEGISLATION THAT'S GOING BEFORE SENATE. UH, GENERAL LAWS AND FINANCE IN JUST A FEW SHORT MONTHS IN MARCH OF 2019, THE GENERAL ASSEMBLY PASSED SIGNIFICANT LEGISLATION THAT FOR THE FIRST TIME WE CREATE FIVE CASINO HOST CITIES AND THE COMMONWEALTH AND THESE CITIES WERE BRISTOL, DANVILLE, NORFOLK, PORTSMOUTH AND RICHMOND. IT WAS SIGNIFICANT LEGISLATION BECAUSE IT WAS THE FIRST TIME THAT THEY WOULD HAVE THAT TYPE OF GAMING IN THE COMMONWEALTH. UM THEREAFTER. THE VARIOUS CITIES HELD REFERENDUMS. FOUR OF THEM PASSED. LAST YEAR, THE CITY OF RICHMOND HELD A CASINO HELD A REFERENDUM AND THEY FAILED. YOU DON'T HAVE TO GO INTO THE REASONS WHY IT FAILED, BUT FOR WHATEVER REASONS IT FAILED, AND THERE WAS A DELTA OF ABOUT 1500 VOTES. IMMEDIATELY AFTER THAT, UM MAYOR YOU AND I AND SEVERAL CITY COUNCIL MEMBERS TALKED ABOUT PETERSBURG BEING THE FIFTH HOST CITY IN THE COMMONWEALTH. AND SO DURING THE 2022 GENERAL ASSEMBLY SESSION, UH, I INTRODUCED LEGISLATION THAT WOULD ALLOW PETERSBURG TO BE THAT FIFTH CASINO HOST CITY. UH SENATE FINANCE AGREED THAT A STUDY NEEDED TO OCCUR FIRST TO SEE IF PETERSBURG COULD SUPPORT A. CASINO AND THAT STUDY WAS GOING TO BE DONE BY A GROUP THAT HAD PREVIOUSLY DONE THE STUDY FOR THE OTHER FIVE CITIES. AH THAT J LARK STUDY IS NOW BEEN COMPLETED. AND LAST WEEK THEY REPORTED THAT PETERSBURG WOULD IN FACT BE ABLE TO HOST A CASINO . IN FACT, IT MELT AND MET ALL OF THE MARKERS BY A WIDE MARGIN. UM IN THEIR REPORT. THEY SAID THAT THE CASINO AFTER CONSTRUCTION THESE THAT MEANS AFTER POST CONSTRUCTION JOBS WOULD HAVE ALMOST 1300 PERMANENT JOBS AND $12.5 MILLION OF LOCAL REVENUE. UM AND THAT I WOULD TELL THE CITY COUNCIL OUR FLOORS. I EXPECT IT WOULD BE GREATER THAN THAT. I HAD THEM NOW INTRODUCED LEGISLATION THAT HAS ALREADY BEEN FILED WITH THE GENERAL ASSEMBLY. IT'S SENATE BILL 7 80. IT WILL DO THE FOLLOWING IT WILL ADD PETERSBURG AS THE FIFTH AND FINAL ELIGIBLE HOST CITY FOR THE FIVE HOST CITIES IN THE COMMONWEALTH. THE LEGISLATE NUMBER TWO. THE LEGISLATION SPECIFICALLY STATES THAT PETERSBURG MUST VOTE IN A REFERENDUM BEFORE RICHMOND HAS ANOTHER OPPORTUNITY TO HOLD A SECOND REFERENDUM. THIRD IF PETERSBURG PREVAILS IN THE REFERENDUM, RICHMOND WILL BE ELIMINATED AS A POTENTIAL HOST CITY, AND IT ALSO FINALLY DESIGNATES THAT THAT REFERENDUM WILL BE HELD IN NOVEMBER OF 2023 APPROXIMATELY 12 MONTHS FROM FROM NOW, SO THAT'S WHERE WE'RE HEADED. THERE IS WORK TO BE DONE BEFORE THAT. BUT I WILL SAY THIS. UM AND I THINK I'M WELL POSITIONED TO SAY IT BECAUSE I REPRESENT PETERSBURG AND RICHMOND. I DON'T THINK THERE IS ANOTHER CITY IN THE ENTIRE COMMONWEALTH THAT IS MORE DESERVING. OF A TO BE A HOST CITY THAN PETERSBURG. PETERSBURG HAS HAD SOME CHALLENGES OVER THE LAST FOUR OR FIVE DECADES.THEY'VE CERTAIN THEY'VE OVERCOME THOSE CHALLENGES. BUT WHEN YOU LOOK AT WHAT THE GENERAL ASSEMBLY WANTS IN A HOST CITY IN ORDER TO EMPOWER THE ECONOMIC ENGINE OF THAT HOST CITY PETERSBURG IS AT THE TOP OF THE LIST, AND I, UH, LIKE I SAID, THERE'S A GREAT DEAL OF WORK TO BE DONE, BUT I'M VERY AND ENTHUSIASTIC ABOUT NOT ONLY CASINO COMING TO PETERSBURG, BUT THE GROUP THAT YOU HAVE SELECTED WITH THAT? THAT'S THE OVERVIEW. IF I CAN ANSWER MR MAYOR, MEMBERS OF COUNCIL ANY SPECIFIC QUESTIONS, I WILL TRY TO DO THAT. AND THEN I'LL TAKE MY LEAVE. ALL RIGHT. THANK YOU SO MUCH. CENTER MARCY FOR WHAT YOU DO HERE FOR PETERSBURG AND WE
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WILL CONTINUE TO WORK HAND IN HAND WITH YOU AND LOOK FORWARD TO, UH, THEIR JOURNEY STARTING JANUARY 11TH, AND THAT'S LET'S GET THIS OVER THE GOAL LINE AND I THINK WOULD BE A WONDERFUL OPPORTUNITY. THE CITY OF PETERSBURG. WHY AGAIN? THANK YOU VERY MUCH. THANK YOU. NEXT UP IS[2.a. To receive an informational presentation from the Cordish Companies for an Economic Development Project.]
DISCUSSION AND CONSIDERATION TO RECEIVE AN INFORMATIONAL PRESENTATION FROM THE CORDISH COS. FOR AN ECONOMIC DEVELOPMENT PROJECT, MR MOORE. GOOD AFTERNOON, MR PERRIMAN, MEMBERS OF CITY COUNCIL. GOOD AFTERNOON. THIS AFTERNOON, WE'LL BEGIN A TRANSFORMATIONAL PROCESS FOR THE CITY OF PETERSBURG. BY SELECTING THE CORDISH COS. AS A DEVELOPMENT PARTNER FOR POTENTIAL CASINO PROJECT. YOU SELECTED A PARTNER WHO'S DEDICATED TO DEVELOPING A WORLD CLASS CASINO AND PETERSBURG. THE COURT HAS COMPANIES HAVE OVER 100 YEARS OF EXPERIENCE IN REAL ESTATE DEVELOPMENT PROJECT MANAGEMENT. CONSTRUCTION MASTER PLANNING. AND HAVE THE INTERNAL CAPABILITY AND CAPACITY. TO DEVELOP AND MANAGE PROJECTS OF ANY SCOPE AND SIZE. AT THIS TIME , I WOULD ASK MISS LISA SPELLER PRINCIPLE OF THE SPELLER GROUP WHO WILL COME FORWARD TO BEGIN THE PRESENTATION PRESENTATION. THANK YOU. MR MAYOR MEMBERS ACCOUNT. THANK YOU. GOOD EVENING, MAYOR PARAM GOOD EVENING, MEMBERS OF CITY COUNCIL AND STAFF. I AM LISA SPELLER, THE CONSULTANT RETAINED TO WORK ON THE PETERSBURG ECONOMIC DEVELOPMENT. PROJECT INCLUSIVE OF A CASINO. I'M HERE TODAY TO INTRODUCE TO YOU, THE SELECTED PARTNER, THE CORDISH COS IN ANTICIPATION OF A FAVORABLE J LARKS REPORT. OVER THE PAST SIX MONTHS, WE HAVE UNDERTAKEN THE NECESSARY DUE DILIGENCE TO EVALUATE POTENTIAL DEVELOPMENT PARTNERS FOR THIS OPPORTUNITY.THE MAYOR AND CITY COUNCIL REQUESTED THAT THIS PROJECT NOT ONLY BE A CASINO BUT A DEVELOPMENT PROJECT FOR THE ENTIRE CITY. THAT WOULD CREATE GROWTH. IMPORTANT TO OUR EVALUATION WAS THE IDENTIFICATION OF A DEVELOPMENT PARTNER THAT NOT ONLY HAD A TRACK RECORD IN DEVELOPING AND OPERATING CASINOS BUT ALSO A PARTNER WITH A LONG HISTORY AND EXPERIENCE REVITALIZE IN CITIES ACROSS THE COUNTRY. COMMUNITY ENGAGEMENT WAS AT THE CORE AND A COMMITMENT TO IGNITING ECONOMIC DEVELOPMENT HERE IN THE CITY OF PETERSBURG. AS A CONSULTANT FOR THE CITY OF PETERSBURG EVALUATED FIVE INTERESTED CASINO OPERATORS VISITED SIX STATES AND EVALUATED SEVEN PROPERTIES TONIGHT. I WOULD LIKE TO INTRODUCE TO THE CITY OF PETERSBURG MY RECOMMENDATION AND CITY COUNCIL SELECTED ECONOMIC DEVELOPMENT PARTNER THE CORDISH COS THAT SMITH CHIEF OPERATING OFFICER AND ED EVANS, CHIEF DIVERSITY OFFICERS WITH THE CORDISH COS THEY'RE HERE TODAY TO PROVIDE A PRESENTATION. THANK YOU, MAYOR PARAM. AND MEMBERS OF COUNCIL FOR THIS OPPORTUNITY TO WORK ON THIS PROJECT. YOU. GOOD AFTERNOON. GOOD AFTERNOON, MAYOR PARHAM AND CITY MEMBERS OF THE CITY COUNCIL. UM MY NAME IS ED SMITH. I'M THE CHIEF OPERATING OFFICER FOR THE CORDISH COS AND I JUST WANT TO THANK YOU FOR THIS OPPORTUNITY TO WHAT? PRESENT WHAT WE BELIEVE TO BE A TRANSFORMATIONAL PROJECTS. UH, FOR THE CITY OF PETERSBURG. I HAD THE OPPORTUNITY TO SPEND THE LAST THREE OR FOUR DAYS HERE, JUST. DRIVING YOUR CITY. UH, EXPERIENCING YOUR CITY GETTING TO MEET PEOPLE IN YOUR CITY. AND I MUST SAY I'VE FALLEN IN LOVE WITH YOUR CITY. THERE'S SO MUCH POTENTIAL HERE THAT I THINK PART OF OUR JOB HERE, AS YOU'VE SELECTED US TO DO IS TO UNLOCK THE POTENTIAL OF PETERSBURG. AND EVERY CITY THAT WE ENDEAVOR INTO . IT'S IMPORTANT FOR US TO UNDERSTAND HOW WE CAN BRING OUT THE BEST IN THAT CITY. SO THAT EXPLORATION OF IDEAS AND THOUGHTS AND COMMUNITY ENGAGEMENT LETS US DEVELOP A ROADMAP FOR SUCCESS. I HOPE THAT YOU VIEW THIS OPPORTUNITY AS WE DO AS A PARTNERSHIP. A PARTNERSHIP THAT ALLOWS US TO GROW AS A ECONOMIC DEVELOPMENT IN THIS CITY TO GROW IN TERMS OF JOB CREATION FOR THE CITY TO GROW IN TERMS OF ECONOMIC PROSPERITY FOR THIS CITY. SO WITH THAT SAID, I'D LIKE TO BEGIN OUR PRESENTATION WITH JUST AN OVERVIEW OF OUR COMPANY. WHO WE ARE, HOW WE APPROACH ECONOMIC DEVELOPMENT AND COMMUNITY DEVELOPMENT. AS WELL AS GAMING.
I KNEW I WOULD SCREW THIS UP. THERE WE GO. OKAY JUST TO GIVE YOU A BRIEF HISTORY OF OUR COMPANY WERE BASED IN BALTIMORE , MARYLAND. WE'VE BEEN IN BUSINESS FOR OVER 100 AND 12
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YEARS I'VE HAD THE FORTUNE OF BEING WITH THE COMPANY FOR OVER 20 YEARS. IT'S BEEN A LONG JOURNEY, BUT I'VE ENJOYED EVERY MINUTE OF IT. AH THE KEY FOR US . I BELIEVE IN BEING SUCCESSFUL.HERE IS OUR TRACK RECORD AND OUR HISTORY. TO THE RIGHT. YOU WILL SEE OUR HEADQUARTERS BUILDING.
YOU SEE BARNES AND NOBLES THERE , PHILLIPS, WHICH IS A LOCAL RESTAURANT THAT'S BEEN IN BUSINESS AND THE INNER HARBOR FOR OVER 30 YEARS, BUT IT DOES REALLY KIND OF SPEAK TO WHO WE ARE AS A COMPANY. OUR LONG TERM INVESTORS AND I THINK THAT SHOULD BE IMPORTANT TO YOU. SOME COMPANIES COME IN AND THEY FLIP PROPERTIES. THAT'S NOT WHAT WE DO WITH THAT 100 YEAR TRACK RECORD. WE ARE INVESTED INTO THE COMMUNITIES THAT WE DO BUSINESS IN THIRDLY, OUR TEAM MEMBERS, OUR RELATIONSHIP WITH OUR TEAM MEMBERS AND ED EDMUNDS. I'VE ASKED ED TO COME HERE. HE'LL TALK ABOUT THAT, UH, A LITTLE LATER IN OUR PRESENTATION, BUT WE ARE THE PEOPLE THAT WE ENGAGE WITH AND THAT'S VERY IMPORTANT. THE CULTURE THAT WE CREATE HOW WE HIRE HOW WE TRAIN REALLY MAKES WHO WE ARE AS A COMPANY. WE'RE ONE OF THE LARGEST AND MOST RESPECTED DEVELOPERS IN THE COUNTRY. YOU'LL SEE SOME OF THE PROJECTS THAT WE'VE DEVELOPED AND YOU'LL SEE THE INVESTMENT THE TIME AND THE ENERGY AND, MORE IMPORTANTLY, THE EXPERIENCE THAT WE BRING TO A DEVELOPMENT OPPORTUNITY. WE'VE DEVELOPED SOME OF THE MOST SUCCESSFUL CASINOS IN THE COUNTRY AND I HAVE A SLIDE THAT WILL SHARE YOU SHARE WITH YOU, BUT NOT ONLY, UH , MOST SUCCESSFUL FROM A FINANCIAL SIDE BUT FROM A PEOPLE'S SIDE. WERE RECOGNIZED AS A LEADER AND CREATING OPPORTUNITIES FOR MINORITY BUSINESSES. THAT'S A PROGRAM THAT I STARTED WITHIN OUR COMPANY WITHIN THE LAST 20 YEARS , AND WE ARE THE I BELIEVE WE'RE PROBABLY ONE OF THE MOST SUCCESSFUL DEVELOPERS IN THE COUNTRY AND DOING SO. AND LASTLY , WITH RESPECT TO COMMUNITY ENGAGEMENT OF PHILANTHROPY, WHERE THE LEADERS IN THAT COURT OF CATEGORY AS WELL. LET'S SEE HERE. OKAY, HERE WE GO. THIS IS JUST A TIMELINE OF OUR OF OUR COMPANY. AS I MENTIONED, WE STARTED THE COMPANY OVER 110 YEARS. UH DAVID CORDISH IS OUR CEO AND PRESIDENT DAVID HAS FOUR SONS THAT ARE ACTIVE IN THE BUSINESS, BUT WHAT YOU'LL SEE OVER TIME. IS THAT OUR BUSINESS HAS EVOLVED AND WE'VE BECOME EXPERTS AND MANY, MANY DISCIPLINES AROUND REAL ESTATE DEVELOPMENT. OVER THE LAST 2025 YEARS OR SO. LITTLE HESITATION HERE OVER THE LAST 25 YEARS OR SO WE'VE DEVELOPED IN VERY DIFFERENT AREAS. WHEN I STARTED WITH THE COMPANY. WE WERE PRIMARILY COMMERCIAL REAL ESTATE DEVELOPERS. SINCE THAT TIME, WE'VE MOVED INTO LARGE SCALE ENTERTAINMENT DISTRICTS, COWORKING HOTELS, RESIDENTIAL. WE ALSO OPERATE OVER 100 RESTAURANT BUSINESSES WITHIN OUR ORGANIZATION, AND WE'VE PARTNERED WITH MAJOR SPORTS TEAMS AROUND THE COUNTRY. OUR COMPANY. WHEN I TALKED ABOUT THE EXPERTISE YOU HAD WHAT YOU HAD BEFORE YOU WERE SOME OF THE IMAGES OF OUR DEVELOPMENTS, UH, TO YOUR LEFT UPPER LEFT CORNER IS MARYLAND LIVE CASINO TO THE CENTER IS KANSAS CITY. WE'RE IN PHILADELPHIA. WE'VE PARTNERED WITH THE, UH, PHILADELPHIA FLYERS. THEIR KANSAS CITY IS A MAJOR DEVELOPMENT FOR US, UH TO THE CENTER LOWER CENTER. YOU CAN SEE THE ARCH THAT ST LOUIS. WE'VE PARTNERED WITH THE ST LOUIS CARDINALS THERE. AND ONE OF OUR FIRST PROJECTS UNDER THE MIXED USE DEVELOPMENT WAS IN LOUISVILLE, KENTUCKY. THE CORE OF OUR BUSINESS, AS I MENTIONED EARLIER IS URBAN MIXED USE DEVELOPMENTS AND WE ARE VERY FORTUNATE OVER OUR LONG HISTORY TO HAVE EARNED SEVEN URBAN LAND INSTITUTE AWARDS. AND THESE AWARDS ARE FOR TRANSFORMATIVE PROJECTS. SO WHEN YOU LOOK TO YOUR LEFT AND TOWARDS THE MIDDLE, THESE ARE THE CITIES THAT WE EARNED U L I AWARDS FOR THE TRANSFORMATIONAL IMPACT THAT THESE THAT ARE. DEVELOPMENTS HAVE HAD ON CITIES AND I WOULD HOPE THAT WE COULD DO THE SAME THING HERE IN PETERSBURG. I THOUGHT IT WAS IMPORTANT FOR YOU TO SEE SOME OF THE WORK THAT WE'VE DONE FROM BEFORE AND AFTER. SO THIS IS AN IMAGE OF DOWNTOWN KANSAS CITY, UH, TO YOUR LEFT, IS WHERE THEY CURRENTLY HAVE THEIR NEW ARENA.
THAT WAS PROBABLY 12 YEARS AGO. BUT JUST TO THE LEFT OF THAT, WHERE YOU SEE THAT ROUND CIRCLE THAT'S THE WORLD HEADQUARTERS FOR H AND R BLOCK IN DOWNTOWN KANSAS CITY. SO WHEN WE FIRST
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WERE INTRODUCED TO THE IDEA OF DEVELOPING IN KANSAS CITY. THIS IS WHAT WE SAW. AND THEN WHEN YOU LOOK AT HIM TODAY, FULLY DEVELOPED TO THE FAR RIGHT, YOU'LL SEE THE NEWS. THE SPRINT ARENA THERE. ALL THE DEVELOPMENT . WE HAVE 14 CITY BLOCKS THAT WE'VE DEVELOPED OVER THE LAST 12 YEARS WE'VE BUILT OVER 1200 RESIDENTIAL UNITS AND YOU CAN SEE IN THE MIDDLE THERE AROUND BUILDING IS THE WORLD HEADQUARTERS FOR H AND R BLOCK. THIS IS THE DEVELOPMENT THAT WE WORK ON IN ST LOUIS BALLPARK VILLAGE. OUR PARTNERS THERE. THE ST LOUIS CARDINALS. YOU CAN SEE THE NEW LOWS. HOTELS THAT'S A BRAND THAT CORDISH CREATED WHERE A PARTNERS WITH LOWS TO THE CENTER THAT ANGULAR BUILDING IS THE FIRST NEW RESIDENTIAL DEVELOPMENT AND DOWNTOWN ST LOUIS IN THE LAST 30 YEARS, SAME THING FOR THE OFFICE BUILDING. BEHIND LOWS, SO AS YOU CAN SEE, UH, THESE PROJECTS WHERE THERE WAS NOTHING. WE'VE CREATED SOMETHING, AND THAT'S THE BUSINESS THAT WERE IN PLACE MAKING DESTINATION ORIENTED DEVELOPMENTS, AND THAT'S WHAT WE SEE THE HOW WE SEE THE OPPORTUNITY HERE AND PETERSBURG. AND THIS AGAIN IS FOURTH STREET LIVE ONE OF THE FIRST DEVELOPMENTS THAT WE'VE DONE JUST TO GIVE YOU AN IDEA OF HOW THIS DEVELOPMENT TRANSFORMED THE CITY THERE WAS NOTHING DOWNTOWN WAS TOTALLY DARK. WHEN WE DEVELOPED THIS. THIS WAS AN OLD SHOPPING MALL THAT WE TOOK OVER IN PARTNERSHIP WITH THE CITY AND YOU CAN SEE IT NOW. IT'S BEEN THE ANCHOR FOR LOUISVILLE FOR THE LAST 15 YEARS. AND LASTLY, THIS IS OUR HOMETOWN. I ALLUDED TO THIS EARLIER. WE BROUGHT THE FIRST BARNES AND NOBLE TO OUR CITY, THE FIRST HARD ROCK, THE FIRST ESPN ZONE IN THE NATION. ALL THESE DEVELOPMENTS ARE CUTTING EDGE AND TRANSFORMATIVE. AND I THINK WHEN YOU LOOK FOR A PARTNER IN DEVELOPING YOUR CITY AND HAVING AN IMPACT ON YOUR CITY YOU WANT TO DEVELOPER THAT HAS THAT KIND OF EXPERIENCE THAT CAN DO MORE THAN JUST DEVELOP A CASINO. AS I MENTIONED, WE'VE DEVELOPED SOME OF THE MOST SUCCESSFUL CASINOS IN THE COUNTRY. THIS HAPPENS TO BE MARYLAND LIVE, WHICH IS ONE OF THE LARGEST CASINOS, UH, ON THE EAST COAST, BUT IT'S ALSO ONE OF THE MOST PROFITABLE CASINOS IN THE UNITED STATES. IN TERMS OF RANKING. UH SOME OF YOU MAY KNOW WE DEVELOPED THE HARD ROCK CASINOS IN HOLLYWOOD AND TAMPA. THEY ARE THE MOST SUCCESSFUL CASINOS IN THE UNITED STATES.AND FROM THERE YOU CAN SEE WHERE MARYLAND LIES. MARYLAND LIVE LIES NUMBER SIX IN TERMS OF GAMING REVENUE GENERATED. THESE ARE THE TWO HARD ROCK HOTELS AND TAMPA. THESE ARE JUST SOME OF THE DETAILS IN TERMS OF SCALE HOTEL ROOMS, THE DIFFERENT AMENITIES THAT THESE HOTELS, THESE CASINOS AND HOTELS HAVE. WITHIN THEM. AND THIS IS PHILADELPHIA. THIS IS OUR MOST RECENT CASINO. WE OPENED THIS IN 2021 VERY EARLY IN THE YEAR. IT'S DOING VERY, VERY WELL FOR US. WE'RE VERY PROUD OF THIS. THIS CASINO IS LOCATED IN THE HEART OF THE SPORTS AND ENTERTAINMENT DISTRICT IN PHILADELPHIA. AND WE'RE VERY, VERY PROUD OF THE IMPACT THAT IT'S HAD FROM A COMMUNITY PERSPECTIVE AND FOR THE CITY OF PHILADELPHIA. THESE ARE SOME INTERIOR SHOTS, AND I'M JUST TRYING TO GIVE YOU A SENSE OF SCALE AND THE LEVEL OF DETAIL THAT WE GO INTO. SO THIS IS THE ENTRANCE TO OUR CLOTHES. OUR CASINO IN PHILADELPHIA. THEIR MAIN LOBBY. THIS IS THE GAMING FLOOR. SOMETHING THAT'S VERY CENTRIC TO OUR DEVELOPMENT AS A CENTER BAR CONCEPTS, ALL OF OUR CASINOS HAVE HAVE CENTER BOARDS. THIS IS THE, UH THE HOTEL, ONE OF THE HOTEL ROOMS AND AT THE AT THE HOTEL IN PHILADELPHIA. AND THIS IS, UH, THE PRIME RIB. ONE OF THE CONCEPTS THAT WE'VE DEVELOPED THROUGHOUT OUR OVERALL GAMING PORTFOLIO, SO WE HAVE ONE IN MARYLAND, AND WE HAVE ONE IN PHILADELPHIA. AND THIS IS SPORTS AND SOCIAL. THIS IS THE CONCEPT THAT WE DEVELOPED. IT'S ALSO THE ANCHOR FOR OUR SPORTS BETTING IN PHILADELPHIA. AND THIS IS A VANDAL SPORTS BOOK. THERE ARE PARTNER ON SPORTS BETTING IN PHILADELPHIA. AND THESE ARE SOME
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OF THE THINGS TO TALK ABOUT THE QUALITY OF THE GAMING EXPERIENCE , UH, WITHIN OUR CASINOS. UH, THIS IS SOME OF THE AWARDS THAT WE'VE WON OVER THE LAST FEW YEARS. YOU CAN SEE THEY'RE ALL VERY CURRENT, WHERE WE'VE BEEN TOP RANKED IN TERMS OF PLAYER EXPERIENCE. BEST CASINO RESTAURANTS. UH YOU KNOW, BEST PLAYERS, CLUBS. SO JUST TO GIVE YOU AN IDEA HOW WE PAY ATTENTION TO OUR GUESTS, AND THAT'S THE MOST IMPORTANT ATTRIBUTE THAT I THINK WE'VE BEEN ABLE TO PRODUCE YEAR AFTER YEAR IS OUR ATTENTION TO DETAILS THE CULTURE THAT WE'VE CREATED AND THE ENVIRONMENT THAT WE WANT TO CREATE FOR THE GAMING EXPERIENCE OF OUR GUESTS.NEXT I'D LIKE TO. WE'RE GOING TO MOVE INTO JUST ARE OVERALL OPERATION OUR COMMUNITY ENGAGEMENT AND I LIKED TO TURN THINGS OVER VERY BRIEFLY TO ADD EVANS. HE'S THE CHIEF DIVERSITY OFFICER FOR OUR COMPANY. TO THE LEFT. MAYOR SICK. AND TO THE CITY COUNCIL. I WANT TO SAY HELLO. HELLO I LEFT ALL MY NERVES. UH AT THE AT THE CHAIR THERE AS WE GO THROUGH THIS PROCESS, UM AND PLEASE PARDON MY LIST. SOME OF YOU MAY KNOW I HAVE SOME DENTAL WORK DONE, BUT I'M GOING TO SPEAK, PARTICULARLY AS I CAN AS WE TALK ABOUT WHAT WE DO IN THE COMMUNITY. UM YOU HEAR THE WORD COMMUNITY PARTNER ? YOU HEAR COMMUNITY PARTNERSHIP . THIS IS THE BEST PART OF THE WORK THAT I GET TO DO. UM WHEN WE COME INTO AN AREA INTO A COMMUNITY, WE REALLY BECOME A PART OF THE COMMUNITY. I HAVE THE LUXURY OF THE REALLY MAKE A NEW FAMILY MEMBERS. EVERYWHERE WE GO, AND I'M NOT JUST SAYING THAT. I MEAN, PEOPLE KNOW ME ALL AROUND UNITED STATES BECAUSE I GET INVOLVED IN THE COMMUNITY GET INVOLVED WITH FAMILY AND WE GET INVOLVED WITH EVERYTHING THAT WE DO AND ONE ON THE SCREEN RIGHT NOW, YOU WOULD JUST SEE SOME OF THE THINGS THAT WE DO IN THE MIDDLE. THERE IS OUR TURKEY GIVEAWAY, WHERE TYPICALLY WE MAKE IT 2 TO 3 SEMI TRUCKS WORK FOR TURKEY'S THAT WE GIVE AWAY TO THE COMMUNITIES, UM, DOING THANKSGIVING. TO THE LOWER RIGHT IS TOYS FOR TOTS IS WHERE WE ARE PARTNER WITH. UM SOME MILITARY FOLKS IN CERTAIN AREAS AND WE GIVE AWAY TOYS AND THINGS LIKE THAT FOR CHRISTMAS. AND THEN YOU HAVE THE PARTS THAT WHERE YOU CAN SEE WHERE CHECKS ARE BEING GIVEN TO CERTAIN OPERATIONS, AND IN THE TOP CENTER IS OUR RACE FOR THE CURE FOR CANCER, WHICH WERE HEAVILY INVOLVED IN NO. LET'S SEE WHAT HAPPENED HERE. IS THAT, OKAY? ALRIGHT BACK TO COMMUNITY WORK. NOW THIS IS THE STUFF THAT I REALLY ENJOY LOWER IN THE LOWER PART OF THIS. YOU WILL SEE US PLANTING WHEN WE GO INTO A COMMUNITY, WE REALLY GO INTO THE COMMUNITY. UM I HAVE LOGGED. I BUILT THE COMPANY 10 YEARS I WANT TO SAY I'VE LOGGED OVER 50,000 COMMUNITY HOURS. UM FOR THE COMPANY. I WILL ALSO SAY THAT WHAT MOST COMPANIES DON'T DO ALL OF OUR EXECUTIVES, EVERY SINGLE ONE OF THE EXECUTIVES IN OUR COMPANY, IT'S MANDATORY.
THAT THERE SIT ON BOARDS WITHIN THE COMMUNITIES IN WHICH WE SERVE OF CERTAIN AGENCIES, BOYS AND GIRLS CLUB, THE WIVES, CENTRAL MARYLAND. THAT'S ON THAT POINT AS WELL. UM AND A NUMBER OF OTHER CLUBS MANDATORY AND THAT'S HOW WE MAKE THE CONNECTION AND THAT'S HOW WE TAKE CARE OF THE NEEDS. AND WE ANSWER THE NEEDS OF THE COMMUNITY BY BEING A PART OF THAT, UM AND ALSO THROUGH WORKING WITH THE TEAM MEMBERS THAT WE HAVE IN OUR CASINOS. WE LISTEN TO WHAT THEY SAY AND WHAT THEY SAY THEY NEED AND THAT ALSO IS HOW WE FIGURE HOW WE'RE GOING TO BE BECOME BETTER PARTNERS WITHIN THE COMMUNITY. I'M GOING TO PLAY A LITTLE VIDEO CLIP HERE JUST TO GIVE A LITTLE BIT OF WHAT WE DO, AND I'M GOING TO ASSUME. IN MY TO DO THAT. RIGHT, GARRETT. GOT IT. THEY'VE DONE EVERYTHING. FROM DAY ONE. WHAT THEY SAID THEY WOULD DO WHEN THEY SAY IT'S GOING TO GET DONE. GET IT DONE WHEN THEY SAY HOW IT'S GOING TO GET DONE. GET IT DONE THAT WAY WITHOUT THE SUPPORT OF A CORPORATION LIKE MARYLAND LIVE. WE WOULD NOT BE ABLE TO DO THE PROGRAMS THAT WE DELIVER 365 DAYS A YEAR. THEY DON'T JUST WANT TO GIVE MONEY.
IT'S MORE OF THEY WANT TO BECOME ACTIVELY INVOLVED. THE THING ABOUT THIS CASINO IS THEY MADE A COMMITMENT THAT THEY WERE GOING TO REINVEST IN THE COMMUNITY. AND THEY HAVE THEY HAVE STOOD BY THEIR WORD. LIVE CASINO IS EMBLEMATIC OF LETTING THEIR ACTIONS AND THEIR INVOLVEMENT IN THE COMMUNITY SPEAK FOR THEIR CHARACTER COULD LITERALLY PICK UP MY PHONE AND CALL, UH, DAVID QUARTERS AND SAY, HEY, I GOT AN ISSUE AND HE SAID, HEY, LET'S MEET, LET'S SOLVE IT PROUD TO SAY THAT WITH THE HELP OF GREAT PARTNERS LIKE CORDISH COMPANY THAT WE'VE NEVER HAD TO DENY THE REQUEST OF THE CRITICALLY ILL CHILD FROM DAY ONE, THEY EXPRESSED AN INTEREST TO HELP.
IS HOW THEY COULD HELP AND THEY WERE AN EXCELLENT COMMUNITY PARTNER. WHEN THE PROPERTY HERE WAS BUILT. THEY DIDN'T JUST COME ONTO THE SCENE AND MAKE A SPLASH AND DISAPPEAR. THEY'VE BEEN JUST SUCH A VALUED TEAM MEMBER WITHIN THE COMMUNITY. IT IS INCREDIBLE TO HAVE OUR BRAND NEW NEIGHBORS
[00:25:05]
THAT LIVE CASINO HERE, VOLUNTEERING AND DONATING MONEY, PARTICULARLY AT THIS TIME OF NEED. CASINO STEPPED UP. PUT THEIR MONEY WITH THEIR MOUTH IS AND REALLY MADE A REAL BIG IMPACT RIGHT OFF THE BAT SHOWING THE PEOPLE AND ITS SURROUNDING NEIGHBORHOODS HOW MUCH THEY CARE AND HOW MUCH THEY WANT TO PARTNER NOT ONLY WITH THE CITY OF PHILADELPHIA BUT THE SURROUNDING COMMUNITY. SO THIS IS A BIG DEAL FOR US. OKAY, I CAN. TO GO BACK. SO AS THEY SAID, YOU KNOW, YES. THEY PUT THEIR MONEY WHERE THEIR MOUTH IS. ALSO PUT OUR HEART WHERE IT IS, TOO. AND WE PUT OUR COMMITMENT TO AS WELL AND THAT'S THE MOST I WOULD SAY I'M THE MOST PROUD OF WORKING FOR THE COURT IS COS THEY ALLOW ME TO GIVE MY ALL TO ALL THE COMMUNITIES THAT WE WALKED IN AND SERVED. AND SO I'M VERY PROUD OF THAT. MORE IMPORTANTLY NOW I GET TO I HAVE A LITTLE JOY WHAT WE DO FOR OUR TEAM MEMBERS , WHICH I AM DEEPLY ENGAGED WITH THROUGHOUT OUR COMPANY. UM OUR COMMITMENT TO OUR TEAM MEMBERS. YOU KNOW, DOWN HERE, YOU SEE FAMILY, YOU SEE THE WORD FRIENDLY SEE THE WORD FUN. UM I'VE BEEN WITH THE COMPANY NOW ENTERING MY NINTH YEAR. WHEN WE TALK ABOUT FAMILY, MY WIFE HAS BEEN WITH THE COMPANY 10 YEARS.MY NEPHEW JUST STARTED WITH THE COMPANY THIS YEAR. MY DAUGHTER WILL BE STARTING, UM, IN ABOUT FOUR MONTHS. UM SO WHEN WE TALK ABOUT FAMILY AND OPPORTUNITY, WE REALLY BELIEVE THAT WE REALLY LIVE IT. AND I CAN TELL YOU RIGHT NOW THAT IF WE DIDN'T EMBODY THAT I WOULDN'T HAVE MY WIFE. MY NEPHEW AND MY DAUGHTER. WORKING. FOR THE COMPANY. BUT THE COMPANY REALLY DOESN'T BODY THAT FAMILY FEELING AND HOW WE INTERACT WITH THE COMMUNITY AND OUR TEAM MEMBERS. UM THIS SLIDE WILL ILLUSTRATE. A LOT OF WHAT WE DO. FROM AN INDUSTRY LEADING BENEFITS STANDPOINT. A LOT OF STUFF YOU WILL SEE HERE. MOST COMPANIES WILL OFFER THESE THINGS THAT YOU SEE HERE, HOWEVER, OUR INVESTMENT AND REINVESTMENT INTO TEAM MEMBERS FOR THE ADVANCEMENT. IT'S UNMATCHED. I WOULD ARGUE AGAINST ANY COMPANY THAT WOULD INVEST AND REINVEST IN TEAM MEMBERS TO MAKE SURE THAT THEY CAN HAVE A BETTER OPPORTUNITY AND AN OPPORTUNITY FOR GROWTH. TO ME ONE OF OUR GREATEST BENEFITS THAT WE HAVE AND THAT WE OFFER. I THINK I'M MOVING TOO FAST HERE, OBVIOUSLY, FROM A DIVERSITY STANDPOINT. I TELL PEOPLE WHEN WE GO INTO THE COMMUNITIES OUTSIDE OF HOSPITALS , WHICH I WOULD ALSO SAY WE ARE VERY CLOSE TO WE HOUSE THE MOST DIVERSE WORKFORCE IN EVERY CITY THAT WE GO INTO, AND THAT'S WHAT INTENTIONALITY LOOKS LIKE, AND WE ARE VERY INTENTIONAL ABOUT WHAT WE DO FROM A DIVERSITY STANDPOINT. NOW WORKFORCE DEVELOPMENT. LISTEN, WHEN WE TALK ABOUT THAT. AND WE TALKED ABOUT WHAT WE WANT TO BRING TO PETERSBURG. IT'S FOR OPPORTUNITIES FOR PEOPLE WHO LIVE IN PETERSBURG. IT'S JOBS FOR PEOPLE WHO LIVE IN PETERSBURG. AND YOU SHOULDN'T HAVE TO LEAVE PETERSBURG FOR TRAINING. NO, WE WILL TAKE CARE OF THAT HERE. YOU CAN COME HERE TO PETERSBURG AND YOU CAN LOOK FOR YOUR JOB AND PETERBOROUGH. YOU CAN INTERVIEW IN PETERSBURG . WE WILL DO IT ALL. HERE IN PETERSBURG. THERE'S NO OUTSOURCING TO THAT, AND THAT'S OUR FIRST SOURCE HIRING. THAT'S OUR PROGRAM. THAT'S WHAT THE INTENT IS BEHIND IT, AND IT'S ANOTHER WAY FOR US TO STAY IN TRENDS WITHIN THE COMMUNITY. NOW YOU'RE GONNA HEAR A LITTLE BIT OF TESTIMONIES FROM OUR TEAM MEMBERS. UNSCRIPTED AND I WILL TELL YOU AND I THIS IS NOT A PLUG. I KNOW EVERY SINGLE PERSON THAT'S SPEAKING ON THIS VIDEO, AND IT'S ALL TRUE. COMING INTO QUARTERS AND WALKING THROUGH THE DOOR. YOU SEE A LOT OF FRIENDLY FACES, AND EVERYONE IS RESPECTFUL, HAPPY AND THEY'RE WELCOMING HOTEL SAYS THAT IT IS A FAMILY IS ACTUALLY A FAMILY. WE ALL WORK TOGETHER, RESPECT EACH OTHER, AND WE VALUE EVERYTHING THAT WE WORKED FOR. I HAD YOU DON'T CUT RACHEL OFF.
COMING INTO QUARTERS AND WALKING THROUGH THE DOOR. YOU SEE A LOT OF FRIENDLY FACES, AND EVERYONE IS RESPECTFUL, HAPPY AND THEY'RE WELCOMING HOTEL SAYS THAT IT IS A FAMILY IS ACTUALLY A FAMILY.
WE ALL WORK TOGETHER, RESPECT EACH OTHER, AND WE VALUE EVERYTHING THAT WE WORKED FOR. I HAVE HEARD OF SEVERAL EMPLOYEES HAVE BEEN HERE FOR OVER A DECADE THAT HAVE STARTED OFF IN A POSITION OF POSSIBLY CUSTOMER SERVICE, AND NOW THEY'RE DIRECTORS OF THE DEPARTMENT. AND THAT'S JUST AN AMAZING THING THAT THEY WERE ABLE TO PUT THE HARD WORK IN. BUT THE COMPANY ACTUALLY ACKNOWLEDGE THAT I'VE ALWAYS FELT AS THOUGH I HAVE A VOICE WITHIN THIS COMPANY. I DON'T FEEL AS THOUGH I'M JUST ANOTHER EMPLOYEE. UH, FOR THAT REASON, YOU KNOW, I'VE PLANNED ON BEING HERE FOR AS LONG AS THEY'LL HAVE ME AND YOU ARE PART OF A TEAM. THAT IS THOUGHTFUL
[00:30:03]
WHEN YOU ARE PART OF LIFE. YOU DEFINITELY FEEL THAT YOU'RE PART OF THE FAMILY. THIS IS A CULTURE THAT EMPOWERS YOU TO BE BETTER AND DO YOUR BEST IS VERY STRONG AND THEY ALWAYS ARE FAIR. IF YOU WANT TO FEEL VALUED AND YOU WANT TO LOVE YOUR JOB EVERY DAY APPLY. THIS PLACE. THERE'S NOTHING LIKE IT. YOU WILL FEEL LIKE A VALUED MEMBER OF THE FAMILY. I'M GOING TO BRING THAT BACK UP TO HELP PARTNER WANTED ON THE COMMITMENT TO OUR LOCAL MINORITY MBE W. M B AND VETERAN OWNED BUSINESSES. THANK YOU SO VERY MUCH FORWARD TO BEING A FAMILY MEMBER SOON. THANK YOU.THANK YOU. YOU READ? YOU KNOW, I ASKED ED TO COME HERE BECAUSE HE'S THE GUY THAT'S MAKING IT HAPPEN, BUT I WANT TO JUST TALK ABOUT THE CULTURE THAT WE TRY TO CREATE WITHIN OUR ORGANIZATION.
HOW MUCH WE INVEST IN THAT CULTURE. BECAUSE AT THE END OF THE DAY, IT'S ABOUT DELIVERING A QUALITY PRODUCT. AND THAT'S ACROSS THE SPECTRUM. EVEN OUTSIDE OF GAMING, AS I MENTIONED WE ARE WE OWN AND OPERATE OVER 100 FOOD AND BEVERAGE OPERATIONS, AND, UH, WE'RE ONLY AS GOOD AS THE PEOPLE THAT THE PARTNER ALONG WITH US NOT ONLY INTERNALLY, BUT AS WE LOOK TO CITIES THAT WE DEVELOP IN, WE LOOK FOR GREAT PARTNERSHIPS. SO YOU'RE YOU'RE HERE THAT THEME. WITHOUT OUR WITHIN OUR ORGANIZATION. PARTNERSHIP CULTURE EMBRACING THE VALUES OF OUR ORGANIZATION. THAT'S IMPORTANT. THAT'S HOW WE HIRE AND THAT'S HOW WE DELIVER QUALITY SERVICE. SO THIS ONE IT HAD TO BE ABLE TO SHARE THAT FIRSTHAND. I KNOW SOMETHING THAT'S ALWAYS VERY IMPORTANT AND SOMETHING THAT'S BEEN VERY DEAR TO MY HEART JUST TO GIVE A LITTLE BACKGROUND BEFORE I JOINED THE COMPANY. I WAS WAS AN ENTREPRENEUR. I WAS A MINORITY CONTRACTOR, AND I WAS ABLE TO GET, UH, ENTER INTO A PARTNERSHIP WITH THE COURT IS COMPANY ON THE DEVELOPMENT. ONE THING LED TO ANOTHER HERE I AM 20 YEARS LATER. BUT I CERTAINLY UNDER I SHARE THAT STORY BECAUSE I UNDERSTAND THE STRUGGLE OFTENTIMES THAT MINORITY CONTRACTORS, SMALL BUSINESSES GO THROUGH. SO WHEN I WAS CHARGED WITH THIS 20 YEARS AGO, I SAID TO MYSELF, I'M GOING TO FIX IT. I'M GOING TO MAKE IT SO DIFFERENT AS WE APPROACH LOCAL CONTRACTING AND MINORITY PARTICIPATION THAT EVERYONE SUCCEEDS. SO I'VE SPENT THE LAST 20 YEARS OF MY CAREER AT THIS COMPANY BUILDING ON BEST PRACTICES TO ENSURE THAT WE CREATE INCLUSIVE DEVELOPMENT PROCESS. I HAD THIS OPPORTUNITY THIS MORNING TO MEET WITH THE LOCAL CONTRACTOR JUST TRYING TO UNDERSTAND SOME OF THE CHALLENGE THAT THE CHALLENGES THAT THIS MARKET FACES, AND I THINK THAT'S HOW YOU BEGIN SOLVING PROBLEMS IN THE LOCAL MARKET. WE WANT TO BREAK DOWN THE BARRIERS FOR OPPORTUNITY FOR SMALL BUSINESSES . MINORITY COMPANIES, WOMEN OWNED BUSINESSES TO GET THE PLANE TO GET TO THE PLAYING FIELD. OUR JOB IS TO LEVEL THAT PLAYING FIELD AND CREATE OPPORTUNITIES FOR PEOPLE TO GROW AND BE SUCCESSFUL WITH US. SO WE'VE GOT A PROVEN TRACK RECORD. THIS IS NOT JUST TALK. AGAIN OVER THE YEARS WE'VE PERFECTED AND WHAT I BELIEVE TO BE A GOOD PROCESS, BUT WE'RE ALWAYS LOOKING TO IMPROVE THAT PROCESS.
AND THIS IS OUR TRACK RECORD GOING BACK SOME 20 YEARS. I MEAN, THERE'S EXCUSE ME. THERE'S MORE SLIDES THAN THIS. BUT THESE ARE THE ONES THAT I THOUGHT WE'D SHARE TODAY. AS I MENTIONED WE WERE IN PHILADELPHIA, WE ACHIEVED 50% MINORITY PARTICIPATION. PEOPLE THOUGHT WE WERE CRAZY. ON AVERAGE. IT WAS BEEN 20% IN PHILADELPHIA. WE ACHIEVE 50% PARTICIPATION. BUT IT TOOK SOME CREATIVITY TOOK ALL OF OUR EXPERIENCE TO GET THERE. BUT WE DID JUST DEMONSTRATE.
THAT YOU CAN ACHIEVE IT. SO WHATEVER WE WHEREVER WE LAND AS A MINIMUM, WE ALWAYS STRIVE TO GET TO 25% 30% AT A MINIMUM, BUT OUR GOAL IS TO ACTIVATE THE LOCAL MARKET AS MUCH AS WE CAN.
ALSO JUST WORKING WITH LOCAL BUSINESSES, WHETHER YOU'RE A MINORITY OR NOT. AS A DEVELOPER . WE WANT TO BE ABLE TO LIFT THIS BUSINESS COMMUNITY HERE. SO IF YOU'RE A SUPPLIER, IF YOU FOR WHATEVER IT MIGHT BE CONSTRUCTION SUPPLIES, YOU NAME IT. WE'RE GONNA WE'RE GONNA WORK WITH LOCAL CONTRACTORS TO FILL THOSE VENDING NEEDS. THAT'S A COMMITMENT THAT YOU HAVE, AND WE'VE DONE IT CONSISTENTLY ACROSS OUR PORTFOLIO. AND THESE ARE SOME OF THE AWARDS THAT WE'VE WON. WE JUST PEOPLE JUST DON'T GIVE US THESE THINGS. WE'VE EARNED THEM. AND YOU CAN SEE GOING BACK TO 2011. THAT'S OUR TRACK RECORD. THAT'S THE HISTORY THAT WE HAVE WITH THIS COMPANY. AND THERE'S ED AGAIN. HE'S POPPING UP EVERYWHERE. AND LASTLY, THIS IS JUST A QUICK VIDEO FROM SOME OF OUR FRIENDS IN THE SMALL BUSINESS COMMUNITY.
[00:35:19]
I GUESS IT'S NOT WORKING. OKAY? YOU CAN'T GET I HAVE TO SKIP IT. OKAY. ALL RIGHT. WE'LL HAVE TO SKIP THAT. OKAY AND LASTLY AND WE CAN I'LL BE HAPPY TO ASK A FEW QUESTIONS YOU KNOW AGAIN ARE OUR VISION FOR OUR PARTNERSHIP AND PETERSBURG. IT'S NOT JUST ABOUT A CASINO. IT'S ABOUT DEVELOPING AND MIXED USE DESTINATION. THAT REALLY SPEAKS TO THE HEART OF ECONOMIC DEVELOPMENT. NOW WHAT WE HAVE HERE IN PETERSBURG. AS AN OPPORTUNITY. THAT COMES ONCE IN A GENERATION. ALL OF THE DEVELOPMENTS THAT YOU'VE SEEN WHETHER IT'S LOUISVILLE, WHETHER IT'S KANSAS CITY. ST LOUIS. BALTIMORE WHERE ONE IN A GENERATION OPPORTUNITIES AND THAT'S HOW WE VIEW THIS OPPORTUNITY HERE IN PETERSBURG. WE HAVE THE DEVELOPMENT SKILLS TO DO MORE THAN JUST A CASINO. OUR TRACK RECORD SPEAKS TO THAT EXPERIENCE SPEAKS TO THAT.THERE'S NO OTHER DEVELOPER AND GAMING THAT CAN DO WHAT WE CAN DO AND DELIVER FOR PETERSBURG.
SO I'M VERY THANKFUL. THAT THE MAYOR AND HIS AND THE CITY COUNCIL AND, UH, SENATOR MORRISSEY AND DELICATE TAYLOR. AH, WE ALL HAVE THE SAME VISION. ABOUT WHAT'S IMPORTANT.
PETERSBURG. WE ARE IN LOCKSTEP. WE ARE ALIGNED. AND AS A COMPANY , WE'RE COMMITTED TO DELIVERING THAT WORLD CLASS DESTINATION. THAT WE ALL BELIEVE THAT PETERSBURG DESERVES AND I'M GOING TO CLOSE WITH JUST A FEW IMAGES AND PRESIDENTS THAT WE'VE ESTABLISHED WITHIN OUR ORGANIZATION. HOPEFULLY THIS WILL WORK, OKAY? AGAIN ON THE GAMING SIDE. WE'VE TALKED ABOUT GAMING THE QUALITY OF WHAT WE'VE DONE OVER OUR HISTORY. AND THIS WON'T CHANGE. THE LIVE BRAND IS A BRAND THAT WE HAVE INVESTED IN HEAVILY. THAT WE CHERISH AND WE WILL PROTECT AND THAT'S THE DELIVERY OF A QUALITY PRODUCT. THROUGHOUT OUR PORTFOLIO. OUR LIVE ENTERTAINMENT INDUSTRY WERE ONE OF THE LARGEST BOOKERS OF LIVE ENTERTAINMENT IN THE COUNTRY. AND WE'LL BRING THE BEST OF WHAT WE DO. 24 ENTERTAINMENT AND PETERSBURG. MIXED USE DEVELOPMENT. WE THINK THERE'S A HUGE OPPORTUNITY NOT ONLY FOR A NEW DEVELOPMENT, BUT WE WANT TO BE ABLE TO PARTNER WITH LOCAL BUSINESSES HERE. BRINGING BUSINESSES THAT ARE CURRENTLY MAYBE IN DOWNTOWN. HOW DO WE PARTNER WITH THOSE BUSINESSES THAT ALREADY EXIST? WE BELIEVE THAT A LARGE SCALE MIXED USE DEVELOPMENT WILL LIFT THE TIDE. CROSS PETERSBURG. RESIDENTIAL DEVELOPMENT. THAT'S SOMETHING AS I MENTIONED EARLIER WE DEVELOPED OVER 2000 RESIDENTIAL UNITS. OF ALL SCALES ALL QUALITIES. AND WE WILL. VENTURE INTO THAT SPACE AS PART OF HIM, MITCH USE DEVELOPMENT HERE IN PETERSBURG. CORPORATE OFFICE BASE. WE'RE DEVELOPING OFFICES, BUILDINGS ACROSS THE COUNTRY, AND IF THERE'S OPPORTUNITIES FOR THAT THERE'S A NEED FOR THAT. HERE AND PETERSBURG AGAIN. YOU HAVE THE RIGHT DEVELOPER WITH THE RIGHT EXPERIENCE TO DELIVER THAT AS WELL. AND THEN, AS I MENTIONED, FINALLY, UH, WERE IN THE RESTAURANT BUSINESS. KEY ANCHOR FOR OUR DEVELOPMENT WILL BE FOOD AND BEVERAGE. AND AS I MENTIONED, WE HAVE AN INTERNAL DIVISION WE OPERATE OVER 100 FOOD AND BEVERAGE BUSINESSES THROUGHOUT THE COUNTRY, AND WE'LL BE ABLE TO BRING THAT EXPERTISE HERE. THAT CONCLUDES OUR PRESENTATION, AND I'D BE HAPPY TO ADDRESS ANY QUESTIONS THAT YOU MIGHT HAVE. ALL RIGHT. THANK YOU, ZED AND ADD FOR THE PRESENTATION. AND WE'D LIKE TO, YOU KNOW, PERSONALLY ON BEHALF OF COUNCIL. THANK YOU ALL FOR YOUR INTEREST IN GETTING TO KNOW OUR CITY AND THIS IS OUR FIRST OPENING STEPS RIGHT HERE, WHICH IS, UM, INTRODUCTION AND ZED IF YOU WANT TO GET BACK WITH US ON THE NEXT STEPS OF I KNOW YOU'VE SHOWED SHOWED US A LOT OF COMMERCIAL RESIDENTIAL. UM, AND RETAIL SPACE. UM AND WHAT POINT IN TIME. WOULD YOU BE READY TO COME BACK TO WITH SOME RENDERINGS OF WHAT A PETERSBURG
[00:40:05]
SITE COULD POSSIBLY LOOK LIKE? WELL YOU KNOW, AS I'VE SHARED, WE'VE WE'VE GOT A LONG WAYS TO GO. WE ARE IN THE PROCESS OF FORMULATING A FINAL PLAN. BUT I WOULD THINK WITHIN THE NEXT CERTAINLY BEFORE THAT, WITHIN THE NEXT 30 DAYS, WE WOULD HAVE SOMETHING WE'D BE WILLING TO PRESENT A READY TO PRESENT TO COUNSEL. OKAY? RIGHT? ALL RIGHT. THANK YOU. SO WE LOOK FORWARD TO THE JOURNEY TOGETHER. AND AT THIS POINT IN TIME, I KNOW YOU'RE WORKING WITH MISS BELLA DAVIS. THANK YOU FOR ALL YOUR WORK, MR BRIAN MOORE. THIS IS JUST THE BEGINNING, AND THERE WILL BE A UM, THE NEXT PIECE TO THIS WILL WILL BE MORE OF THE UM, PUBLIC ENGAGEMENT. AS LONG WITH QUESTIONS RIGHT AND EVERYTHING IS JUST PRELIMINARY. WE JUST WANT TO OPEN WITH THIS TODAY TO INTRODUCE YOU ALL TO THE CITY OF PETER'S BERRY SO AGAIN. THANK YOU FOR YOUR PRESENTATION, AND WE LOOK FORWARD TO SEEING YOU IN A COUPLE OF WEEKS. ALRIGHT. THANK YOU, OKAY. THANK YOU. UM, I'D LIKE TO THANK EVERYONE FOR COMING OUT. THIS WAS OUR SO ITEM FOR THIS SPECIAL CALLED COUNCIL MEETING AND AT THIS TIME, UM AND THAT NEXT ITEM IS A GERMAN, SO I'M MOST TO ADJOURN. SO MOVE. SECOND ALL IN FAVOR. I* This transcript was compiled from uncorrected Closed Captioning.