August 27, 2020
THE CORDISH COMPANIES, LIVE! CASINO & HOTEL PHILADELPHIA DONATE MORE THAN $80,000 TO LOCAL YOUTH ATHLETIC ASSOCIATIONSDelaware Valley Youth Athletic Association and Southeast Youth Athletic Association Receive First Grants from Community Charitable Fund
PHILADELPHIA (August 27, 2020) – The Cordish Companies and Live! Casino & Hotel Philadelphia today announced the Delaware Valley Youth Athletic Association (DYVAA) and Southeast Youth Athletic Association (SEYAA) will receive more than $80,000 in grants from a Community Charitable Fund established to enhance the neighborhoods surrounding the new South Philadelphia project.
The Community Charitable Fund is part of a larger Community Benefits Agreement (CBA) that underscores Live! Casino & Hotel Philadelphia’s long-term commitment to creating collaborative partnerships with neighboring residents and civic organizations through grants that improve the quality of life in the community, employment opportunities for residents and vendor contract opportunities for local-owned businesses.
DYVAA will receive $39,720 to install an irrigation system and new fencing on multiple athletic fields. SEYAA will receive $43,416.50 to replace all electrical wiring and electrical panel boards to support the installation of LED lights at each of its nine athletic fields. The grants are part of a larger $350,000 initial Community Charitable Fund commitment prior to the opening of Live! Casino & Hotel Philadelphia. Additional annual financial commitments will be announced in early 2021 upon the Casino’s grand opening.
“From the beginning of this project, we have stated our intention to be active, engaged members of this dynamic, diverse and welcoming community,” said Joe Billhimer, Executive Vice President, Cordish Gaming Group. “In making these grants, we support the very heart of the Stadium District – sports. South Philadelphia’s children deserve athletic facilities that mirror the professional fields right in their own backyards, and we are so honored to award these grants to two organizations that work hard to make dreams come true for young athletes. We look forward to seeing the enhancements these grants allow these dedicated groups to make and we are excited to share more details about additional grant recipients in the coming months.”
About Live! Casino & Hotel Philadelphia
Scheduled to open in early 2021, Live! Casino & Hotel Philadelphia will mark the beginning of a new era in South Philadelphia, transforming the Stadium Entertainment District into a nationally unrivaled one-stop destination to enjoy the fast-paced action of four major professional sports teams, memorable entertainment, premier dining, well-appointed hotel accommodations and world-class gaming. Conveniently located off I-95 and I-76, the facility will feature more than 200 luxury hotel rooms, Philadelphia’s only FanDuel® Sportsbook, 2,200 slots and electronic table games, over 150 live action table games, including poker, plus new dining and entertainment options. The property will also offer more than 15,000-square-feet of meeting space, as well as ample, secure parking. Live! Casino & Hotel Philadelphia will be developed, owned and managed by Stadium Casino RE, LLC, an affiliate of The Cordish Companies, the premier developer of Live! dining, entertainment, gaming, hotel and sports-anchored destinations in the country. Visit www.LiveCasinoHotelPhilly.com.
About The Cordish Companies
The Cordish Companies’ origins date back to 1910, and encompass four generations of privately held, family ownership. During the past 10 decades, The Cordish Companies has grown into a global leader in commercial real estate; entertainment districts; sports-anchored developments; gaming; hotels; residential properties; restaurants; international development; coworking spaces; and private equity. One of the largest and most respected developers in the world, The Cordish Companies has been awarded an unprecedented seven Urban Land Institute Awards for Excellence for public-private developments that are of unique significance to the cities in which they are located. The Cordish Companies has developed and operates highly acclaimed dining, entertainment and hospitality destinations throughout the United States, many falling under The Cordish Companies’ Live! brand, highly regarded as one of the premier entertainment brands in the country. Welcoming more than 55 million visitors per year, these developments are among the highest profile dining, entertainment, gaming, hotel and sports-anchored destinations in the country. Over the generations, The Cordish Companies has remained true to the family’s core values of quality, entrepreneurial spirit, long-term personal relationships and integrity. As a testimony to the long-term vision of its family leadership, The Cordish Companies still owns and manages virtually every business it has created. For more information, visit www.cordish.com or follow us on Twitter.
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