Live! Casino & Hotel Philadelphia, an affiliate of The Cordish Companies, announced that Gilbane Building Company will serve as the general contractor for the new $700 million project. Live! Casino & Hotel Philadelphia plans to transform the area into the first integrated sports, entertainment and casino resort destination in the region. The 1.5 million square-foot facility will include 2,200 slots and electronic table games, more than 150 live action table games, an upscale 200+ boutique hotel, nationally-recognized restaurants and live entertainment venues, valet parking and an approximately 2,700 space parking garage.
Gilbane will lead construction efforts which involve total demolition of the existing Holiday Inn and adjacent buildings to make way for the new development. The Cordish Companies has committed to a groundbreaking Community Benefits Plan with the City that includes unprecedented goals in minority and local construction and hiring initiatives including opportunities for local, minority, women-owned and veteran-owned businesses, as well as the creation of approximately 3,000 direct and indirect construction jobs.