Cincinnati Casino Developer Promises Thousands Of Job Opportunities

Voters in the state of Ohio approved casino gambling projects for four major cities back in November. On Thursday, residents of one of those cities were guaranteed that the majority of jobs created by the project will go to local residents and businesses.

Rock Ventures is the group that has won the right to develop the casino in Cincinnati. The company not only plans on hiring local workers once the casino opens, but also has plans on using mostly local contractors to complete the construction of the Broadway Commons casino.

"We will have a majority of our architectural and engineering work done by local firms," said Matt Cullen, President and CEO of Rock Ventures LLC. "Our architect on record will be a local firm." Cullen was speaking at the Commercial Real Estate Developers Power Breakfast on Thursday morning.

The casino is expected to take up 500,000 square-feet, and the project will cost roughly $400 million. When the casino was proposed, thousands of jobs were promised for Cincinnati residents, and Rock Ventures has plans to follow through on that promise.

Cincinnati joined Columbus, Cleveland, and Toldeo as cities that were approved for casino gambling. It was the first time in history that the casino issued was passed by voters after several failed attempts to bring the form of gambling to Ohio in the past.

The founder of Rock Ventures is Cleveland cavaliers owner Dan Gilbert. The Cavs owner also owns the rights to the Cleveland casino, and is searching for a developer to partner with that can run the casino operation side of the business.

May 7, 2010
Posted By Terry Goodwin
Staff Editor, CasinoGamblingWeb.com
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