The Cordish Companies (previously The Cordish Company) is a privately held company that invests in real estate, including entertainment/mixed-use development, gambling and lodging, shopping centers, restaurants, clubs and music venues, offices, and residential and college student housing.
Video The Cordish Companies
Investments
Notable properties owned by the company are as follows:
Maps The Cordish Companies
History
The company dates to 1910, when Louis Cordish began developing real estate in the Baltimore-Washington metropolitan area.
In 1933, his son Paul L. Cordish joined the business; in 1968, Paul's son David S. Cordish joined the firm.
In 1997, the company completed Bayou Place, the conversion of a former convention center in Houston into a retail and entertainment center.
In 1999, the company won an award from the Urban Land Institute for the project.
In 2001, the company opened Power Plant Live!.
In 2004, the company reached a $455 million deal to develop the Seminole Hard Rock Hotel & Casino Tampa and the Seminole Hard Rock Hotel & Casino Hollywood.
In 2011, the company pitched funding a casino using the EB-5 visa program.
In 2014, the company was the subject of a racial discrimination lawsuit that alleged that the company prohibited a group of black men from entering one of its casinos. The case was thrown out in 2015. The National Association for the Advancement of Colored People defended the company. In 2017, an appeals court reversed this decision, paving the way for a trial.
In 2016, the company announced plans to develop a $2.2 billion hotel and entertainment district in Spain. The company also acquired a hotel in Anne Arundel County and announced plans to develop a $200 million hotel in the county.
In 2017, Reed Cordish left the company to become an assistant to President Donald Trump. Cordish was noted as being one of the richest members of the Presidency of Donald Trump.
In March 2017, the company broke ground on a new casino in Arlington, Texas near the ballpark of the Texas Rangers.
Awards
- Kansas City AdHoc Group Against Crime - Community Guardian Business Award 2013 (Kansas City Power & Light District)
- American City Business Journals - "Project of the Year" - March 2013 (Maryland Live! Casino)
- 2013 Career and Technology Education (CTE) Outstanding Postsecondary Business Partnership Award of Excellence - Maryland State Department of Education (Maryland Live! Casino)
- 2012 Anne Arundel Economic Development Corp. Development Award - Annapolis and Anne Arundel County Chamber of Commerce (Maryland Live! Casino)
- 2012 Urban Land Institute WaveMaker Lifetime Achievement Award (David S. Cordish)
- 2011 Bridging the Gap Award for "Key Partnership/Strategic Alliance" - Greater Baltimore Committee (Maryland Live! Casino)
- 2011 Most Inclusive Corporation of the Year for Minority Business - Maryland DC Minority Contractors' Association (Maryland Live! Casino)
- Landmark Award Finalist 2007 (Bayou Place II)
- Urban Land Institute Award for Excellence 2005 - Rehabilitation (Fourth Street Live!)
- NAIOP Awards 2000 - Adaptive Reuse (Pratt Street Power Plant)
References
Source of the article : Wikipedia
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