Baltimore-based Cordish Cos. has had plans to open a hotel alongside the casino since it opened in 2012. Now, a blueprint and timeline is in place for construction of the Live Hotel to be completed by the end of 2017.The Cordish Cos. will begin construction on the Live Hotel this fall as part of the Maryland Live casino’s $200 million expansion.
The new 350,000-square-foot hotel building, which will stand 17 stories with 310 guest rooms and 52 suites, will sit adjacent to the state's largest casino.
"The addition of our flagship Live Hotel is just the latest investment we are making to ensure Maryland Live continues to be the preferred choice for visitors seeking a world-class gaming and entertainment experience," said Robert Norton, president of the Cordish Global Gaming Group.
Outside of guest rooms, Live Hotel will have several event and meeting spaces, including a 1,500-seat concert venue, and a banquet hall with seating up to 800 people.
The Shop Live retail store, a day spa and salon and an additional 1,000 parking spaces are also part of the plan.
On the dining side, a 24-hour cafe with open kitchen viewing and community seating will be part of the hotel along with a gelato bar and a lobby bar with more than 50 seats.
Tutor Perini Building Co. will serve as the general contractor when the project breaks ground this fall. Project completion is scheduled for fourth quarter 2017.
The Anne Arundel County Council approved the expansion project last September, including a $22.5 million tax incremental financing bond. Repayment of the bond will be made from new revenue generated by the hotel.
As part of the agreement, the event center will be available for use by the county, public schools, Anne Arundel Community College and nonprofits free of charge.
The project is expected to create nearly 400 new jobs and 550 construction jobs for the area.
MGM National Harbor, along the banks of the Potomac River near Washington, D.C., is scheduled to open by year's end and will bring new competition for Maryland Live.
The $1.2 billion casino and hotel project will have 308 guest rooms as part of the 1 million-square-foot resort.
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