Home Real Estate Resort Casino in Dallas? – Connect CRE
Real Estate

Resort Casino in Dallas? – Connect CRE

It’s far from a sure thing, but there are some prominent players who believe Dallas is ready for a resort casino. Dallas Maverick’s owner Mark Cuban has sold a stake in the Dallas Mavericks to the owner of the Las Vegas Sands Corp., Miriam Adelson. It’s no secret Cuban and Adelson have discussed the idea of building a Dallas casino. Current law doesn’t allow it, but both may have the horsepower to get the wheels turning with the state legislature.

The Dallas Business Journal reports the developer behind Texas Live in Arlington (photo), David Cordish, says the idea has merit. Besides Texas Live, Cordish has developed two Hard Rock Casinos and has developed a number of entertainment venues throughout the country. He was quoted as saying, “The idea of combining entertainment and mixed-use around a casino is absolutely the winning formula. There’s no reason why we can’t build a huge resort destination in the city proper of Dallas”.

Source link

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Real Estate

Memphis Dermon Building Converting to 150-Room Hotel

The Dermon Building in Memphis was built 99 years ago, designed as...

Real Estate

Developer Duo Secures $120M Refi for Charleston Harbor Rental Community

Woodfield Investments and Argosy Real Estate Partners have secured $120 million to...

Real Estate

Bonita Springs Site for 252-Unit Apartment Community

Madison Communities and Heitman have closed a $44 million construction loan for...

Real Estate

$21.5M Loan for Tacoma Apartments Secured by Berkadia

Berkadia has secured financing for the acquisition of The Duo Apartments, a...