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A casino project proposed for Wilmington, Delaware’s waterfront that has been in the planning stages since 2003 has received a $100 million boost as developers anticipate legislative action to expand casino gambling in the state.
Riverwalk Partners LLC released drawings for a 120-room hotel and a 100,000-square-foot casino at Walnut and A streets proposed to be called Riverwalk.
“Riverwalk hotel and casino is a shovel-ready, quick-to-market $100 million economic development engine for Wilmington,” said Wilmington real estate developer Hunter Lott.
According to Lott, the timing of the release of Riverwalk’s plan was no coincidence.
The presentation was timed to encourage lawmakers who might be sitting on the fence about proposed legislation to add two gaming venues in the state.
“We wanted to let them know we’re for real,” Lott said. “We’ve got our oar in the water big time.”
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