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THE CASINO GAME

WASHINGTON DC 05.16.2017

REAL ESTATE STRATEGIES FOR ASSOCIATIONS & LAW FIRMS

Demands, Drivers and Disruptors of Two of DC's Largest Tenant Groups

Tom Ikeler -- PN Hoffman
David Bevirt -- Brookfield
Dan Dooley -- Carr Properties
THE CASINO GAME
Midgett Parker, Jon Peterson, and Kenyatta Lewis, National Harbor Sunset Room
Will a casino change everything in Prince George's? Yesterday afternoon at Bisnow's second annual National Harbor conference,Jon Peterson of the megaproject's developer, Peterson Cos, and MGM Resorts International's Kenyatta Lewis (with Linowes and Blocher's Midgett Parker, left) say it's premature to give details, but others speculate the area could be in store for a billion-dollar resort with thousands of slots, hundreds of gaming tables, and more than a thousand hotel rooms, not to mention 4,000 new jobs and tens of millions of dollars a year into state coffers. Of course, voters and gaming authorities still have to approve, and National Harbor isn't the only place in the county that could host a casino.
Ken Smondrowski, National Harbor Sunset Room
Prince George's status as an office HQ location is getting out, says Mack-Cali's Ken Smondrowski. Class-A rents are in the mid-$20s/SF, and tenants are definitely in the driver's seat—it's accessible to DC, Baltimore, and Northern VA."