By Sally Fahey
Live! Casino and Hotel is preparing to open at 9th and Packer Streets in February, and here are the benefits:
$2 billion in economic stimulus to the City
$100 million in tax revenues for Philly in its first five years of operation, including $25 million to the city’s school district
Contributions of over $15 million during the project’s first 10 years to support improvements and enhancements to the local community
More than 5,000 new construction and permanent jobs, with 2,000 permanent positions
Construction and vendor opportunities for local, minority, women-owned, and veteran-owned businesses
$145 million in estimated new wages and salaries (direct and indirect) during construction
Local and diverse workforce hiring
A commitment to living wages, including a minimum wage of no less than $12.00 per hour for the 2,000 permanent jobs and all contractors during operation, currently 65.5% over the region’s minimum wage
Apprenticeships and training programs
Marketing partnerships with area sports teams, businesses, and attractions to promote tourism in Philadelphia and surrounding communities
Enhanced hotel, dining, and entertainment amenities to attract new visitors to the area
