Cordish's Flagship Live! Hotel Wins Best Retail/Hospitality Project in Baltimore by the Baltimore Business Journal
The Cordish Companies’ flagship LIVE! HOTEL was awarded 1st place honors in the Retail/Hospitality Project category by the Baltimore Business Journal during the 2019 Best in Real Estate Awards. The annual awards recognize the trending deals and projects in Greater Baltimore area based on a number of criteria, including dollar value, job creation, creativity and overall impact on the community.
The luxury Live! Hotel, which opened at Live! Casino in June 2018, is the first hotel in the world to carry the renowned Live! brand. The Live! Hotel added 310 rooms, including 52 suites; two new restaurants, a luxury day Spa and Salon, a 4,000-seat Event Center, and Club 21, the only private gaming area in a hotel in Maryland, along with 2,000 new parking spaces, to one of the largest commercial casinos on the East Coast, significantly increasing its competitive edge among other gaming properties in the region.
Live! Hotel also represents a massive additional investment in Anne Arundel County, additional gaming revenue and taxes to the State of Maryland, approximately 400 new jobs for local and regional residents, approximately 550 construction jobs, and numerous new vendor opportunities for local, minority, women-owned, and veteran-owned business.
Greater Baltimore is in the midst of a major development period with a myriad of projects that came online in 2018. The Baltimore Business Journal recognizes those deals and projects by identifying the biggest and best of the area in several categories, including building transaction, commercial lease, industrial sale/lease, new construction, redevelopment/conversion, apartment project and retail project.
“We are honored to have Live! Hotel recognized by the Baltimore Business Journal for this prestigious award as the best real estate project in the area for retail and hospitality,” said Jon Cordish, Principal, The Cordish Companies. “As our team approaches the first anniversary of our flagship hotel’s opening, this award allows us to reflect on our commitment to the community to provide an unforgettable destination.”