east of the marketplace<\/a>.<\/p>\n<\/div>\nCordish contended in its lawsuit that the company thought it was securing the rights to any forthcoming casino development in the city with its lease contract for Waterside. Cordish attorneys cited the lease language that specified that the city not “subsidize or provide a performance-based grant for a restaurant and entertainment development of over 75,000 square feet similar to the project” for a minimum of 10 years.<\/p>\n
Waterside Lifeline<\/b><\/h2>\n
It was more than a decade ago that Cordish came to Norfolk’s rescue to help jump-start the Waterside District, a failing hospitality marketplace that originally opened in the early 1980s.<\/p>\n
The eating and shopping destination fell on difficult times around the turn of the century, with changing consumer behaviors and competition from other entertainment districts blamed. The city subsequently took control of the property and later brought in Cordish to renovate and update the facility.<\/p>\n
The new Waterside District opened in 2017 after Cordish invested $40 million into its reimagination. The Waterside has since become a prime downtown date night and nightlife terminus.<\/strong><\/p>\nWaterside today has numerous restaurants and bars, live music spaces, wedding capabilities, and outdoor dining and events during the warmer months.<\/p>\n","protected":false},"excerpt":{"rendered":"
Waterside developer Cordish in Norfolk has been dealt another legal setback in its challenge of a forthcoming casino.<\/p>\n","protected":false},"author":25,"featured_media":312672,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62],"tags":[83460,84122,82731,81995,89865],"acf":[],"yoast_head":"\n
Norfolk Casino Lawsuit Brought by Waterside Developer Dismissed<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n