April 30, 2018

Milbank Advises Eldorado Resorts on Joint Venture with The Cordish Companies

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Milbank represented Eldorado Resorts, Inc. on its 50-50 joint venture with The Cordish Companies to master plan, design and develop a world-class, mixed-use entertainment and hospitality destination in Pompano, FL. The development will complement and encompass the site of the existing Isle Casino Racing Pompano Park which will continue to be operated by Eldorado and bring new upscale retail, dining, and entertainment to South Florida. The 223-acre development is expected to include a corporate office campus, residential, and a hotel. The 223-acre project site is one of the largest undeveloped parcels in South Florida. The Cordish Companies is one of the leading developers of high-profile, mixed-use destinations in the country.

The Milbank team was led by Real Estate partner Kevin O’Shea and Real Estate associate Raad Shawaf, Corporate partner Deborah Conrad, Tax partner Max Goodman, and Environmental partner Matt Ahrens.