THE CASINO GAME

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.
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."

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Baltimore Newsletters
Related Stories

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

DivcoWest Sells Glendale Office Building For $70M

Hines And Rialto Close Office Credit Fund At $1.1B

Daniel Negari Buys Downtown LA Hotel For $34M

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Stockdale Capital Partners, Hamilton Lane Acquire Chino Hills Shopping Center For $157M

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

California Emerging As Data Center Fallback Market Amid Nationwide Opposition

Rig Collapse At Citadel HQ Site Sends 4 To Hospital

Northern Virginia Office Tower Sells For Double Its 2024 Price

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship