A joint venture between Eldorado Resorts and The Cordish Companies could result in a major expansion for a Pompano Beach gaming property. The Isle Casino Racing Pompano Park property may soon experience a revitalization if the project is approved.
A public meeting was recently held to discuss the planned changes for the casino, with CEO, David Cordish, revealing preliminary plans for the project. The goal is to see the project begin in 2020 and it could take as many as 10 years to complete.
The plans include creating a village-like area, with a hotel, apartment units, a movie theater, restaurants, shops and office campus. Titled Live! Resorts Pompano, a 100,000 square foot space would offer gambling, dining and entertainment. The gaming portion would have 750 slots and electronic table games. For live table gaming, a total of 30 options would be on offer.
According to the Sun-Sentinel.com…
Lamar Fisher, the Broward County Commissioner, commented on the project plans by stating: “Their first phase is very bullish. They’re ready to go. The hotel is first. Then the redevelopment of the casino. They’re going to expand the casino and make it every bigger than it is today.”
The project plan was reportedly well-received by many residents of the area that was in attendance during the recent public meeting. However, there are concerns about traffic due to the expansion. Vice Mayor of Pompano Barry Moss is a representative of the Broward Metropolitan Planning Organization. According to Moss, the Cordish Company is meeting with agencies to learn more about the impact of the project on local neighborhoods.
The property also includes a racetrack and the status of that portion of the property remains unclear. The track opened in the 1960s and is the only harness venue still operating in Florida. The track takes up a great deal of the property and Moss feels that common sense would mean the track would be done away with. However, what will actually happen to the track is anyone’s guess at the moment.
To be able to start the project, several local government reviews must take place. Zoning as well as land-use changes with the city and county are required.