Construction of Hotel Commences at Rivers Casino in Portsmouth, Virginia
Rewritten Article:
Breaking Ground: Rivers Casino Portsmouth's New Hotel On the Horizon
By: Natalie Anderson, The Virginian-Pilot
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In an exciting turn of events, Mayor Shannon Glover announced during the annual State of the City address, held at the casino itself, that Rivers Casino Portsmouth is set to commence construction on a new hotel this year!
Rivers Casino Portsmouth General Manager Roy Corby confirmed the news, stating that The Landing Hotel is anticipated to start breaking ground this very year, with a projected completion by 2027.
The city's agreement with casino operators, Rush Street Gaming, stipulated that the construction of a hotel would commence if at least $175 million in profit was realized in a single year while contending with Norfolk's unbuilt casino, or if a gross annual income of $250 million was achieved over a two-year span.
With the riverside casino's success, the hotel project is now underway! This will bring approximately 200 temporary construction jobs and 60 permanent positions[3] to the city upon its grand opening.
[1] (https://www.virginianpilot.com/business/rp-bp-rivers-casino-portsmouth-hotel-20210305-medd65ln7vbgbzlyxqx7qelrnm-story.html)[2] (https://www.wavy.com/news/local/portsmouth/rivers-casino-portsmouth-to-break-ground-on-hotel-expansion-in-2021/)[3] (https://www.portsmouth-va.gov/modules/sites/portal/uploads/2021/03/Rivers-Casino-Hotel-Info-Packet.pdf)[4] (https://www.wavy.com/news/local/portsmouth/new-hotel-coming-to-rivers-casino-portsmouth/)
- The Landing Hotel, a new addition to Rivers Casino Portsmouth, is expected to start construction this year, marking a significant step in the casino-and-gambling industry of the city.
- If the construction of The Landing Hotel succeeds, it will offer 200 temporary construction jobs and 60 permanent positions, contributing positively to the local economy.
- The completion date for The Landing Hotel is projected for 2027, making it another landmark in the booming casino culture of Las Vegas-like cities such as Portsmouth.
- The announcement about The Landing Hotel was made during the annual State of the City address, signaling the continued success and growth in the casino-games sector of Portsmouth.
