Disney back at NH
Washington Business Journal s Michael Neibauer reports today that the deal between Peterson Cos. and Walt Disney Parks and Resorts is back on again. Disney backed out of their plan to build a 15-acre, 500 room resort hotel at National Harbor but withdrew last year citing poor timing and its planned resort expansions elsewhere. The ink's not dry yet, so more details to come.
This news is just the latest in a string of ups and downs for Peterson's beleaguered National Harbor project. Most recently, P.G. County Exec Rushern Baker proposed a casino for the site.
A $1 billion casino for National Harbor?
The idea, proposed by P.G. County Executive Rushern L. Baker III, coincides with the state assembly's consideration of legislation proposing the addition of a sixth gaming venue in Maryland.
Baker, who has gone on record in the past as opposing slots, told the Washington Post he believes a casino with blackjack, craps and roulette could generate “much-needed tax revenue.”
The proposal has enthusiastic support from The Peterson Companies, National Harbor's developer, along with the owner of National Harbor's biggest hotel, Gaylord Entertainment.
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