Resort Casino Evaluation Panel reduces short list to two operators

The City of Richmond’s Resort Casino Evaluation Panel has reduced the shortlist of proposed resort casino projects being considered to Live! Casino & Hotel Richmond and ONE Casino + Resort.

 

The proposed Bally’s Richmond Casino Resort and the project’s proposed site of Parkway Crossings (Chippenham Parkway and Powhite Parkway) are no longer being considered by the Evaluation Panel.

 

“We appreciate Bally’s interest to develop a resort casino project in Richmond,” said Leonard Sledge, Director of the city’s Department of Economic Development.  “The Evaluation Panel is no longer considering the Bally’s project or the Parkway Crossings site for a resort casino due to concerns about site access, environmental factors, and required approvals from non-city entities that may not be granted or extend the project timeline.  We also appreciate the many Richmond citizens who have shared their thoughts throughout this process.”

 

The Evaluation Panel is continuing its evaluation of the remaining proposals and sites (Live! Casino & Hotel at 1301 N. Arthur Ashe Boulevard and ONE Casino + Resort at 2001 Walmsley Boulevard).  Factors in the evaluation of the proposals include:  community impact and community benefits; location; direct revenue impact to the city; project feasibility and project sustainability; and economic development impact.

 

While the City has concluded its first two phases of community engagement, citizens are encouraged to continue to share their comments on the proposed resort casino projects. Comments can be emailed to econdev@richmondgov.com. The next phase of the city-led community engagement will start in May when the Evaluation Panel shares its recommended operator, location, and terms of the deal. The City has not promoted and is not participating in meetings convened by the two remaining respondents.

 

Information on the City’s resort casino competitive process can be found at https://www.rva.gov/economic-development/resort-casino.

 

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