Monday, June 6, 2022

Cunningham announces completion of new, 310,000-SF Emerald Queen Casino and Hotel in Tacoma, WA

Michele Espeland

 TACOMA, WA – Cuningham, a global architectural design firm, has announced the completion of the Emerald Queen Casino and Hotel in Tacoma, Washington, on behalf of the Puyallup Tribe of Indians.

 The destination totals 310,000 square feet and includes approximately 100,000 square feet of slots and table games, a 2,000-seat event center, five food and beverage venues, two parking garages, and a 12-story, 155-room hotel.

Cuningham led the architecture, interior design, and landscape architecture efforts for the brand-new facility, which replaces a previous nearby location that consisted of a converted bingo hall and tents.

 “This state-of-the-art, resort-style gaming destination is the culmination of a long-term vision of the Puyallup Tribe of Indians,” says Brett K. Ewing, AIA, Principal and Executive Director of Cuningham’s Play Studio.

Brett K. Ewing

“The tribe first acquired the Emerald Queen Casino as a paddle-boat casino nearly 25 years ago, eventually expanding to two locations, and now is solidifying its footprint with a ground-up development that brings a fresh, exciting experience with a venue that represents deep ties to the tribe’s culture and the local landscape.”

 Ewing explains that the facility is also one of the first tribal casino developments to be built above ground spanning multiple parcels and city streets.

  This is in line with the trend of tribes pursuing development opportunities in urban settings on unclaimed land trusts, driving higher return on investment.

 


“Integrating the hotel and casino, especially the expanse of the gaming floor, into Tacoma’s urban infrastructure required a one-of-a-kind, innovative design solution,” continues Ewing.

 “Due to site constraints, the Emerald Queen Casino’s gaming floor and amenities are strategically placed four levels above the ground floor and structurally supported by two parking garages.

 "This unique layout required that we obtain air rights from the city and NIGC approval for gaming over public streets.”

Michele Espeland, CID, Principal, Executive Director of Strategy at Cuningham, adds: “The goal of the Emerald Queen Casino and Hotel’s design was not only to craft a venue that is both beautiful and functional, but one that takes guests on a storytelling journey with at every turn.

 "The key was ensuring the design team truly understood the rich history and culture of the Puyallup tribe and the story they intended to tell patrons.

 "This was achieved through meetings with a tribal historians and very close collaboration with the council, keeping that story a common thread woven through all discussions at every step of the way.”

Shaun Peterson

The design was enhanced by custom pieces of artwork by talented tribal members led by Shaun Peterson.

 “Guests are presented with both the glamour of a Las Vegas-style resort and the tribe’s rich history concurrently through a layout and design elements that are purposefully intended to surprise, delight, and allow for renewed experiences,” explains Espeland.

 “From the open arms of welcoming wooden figures, carved by Peterson in the style of the regional tribes of the Pacific Northwest, that greet guests as they arrive, to the organization of the casino floor, to the fluid ribbon geometry and the carefully selected materials – every aspect of the design contributes to an exciting, immersive, and vibrant journey.”

Contact: 

KATIE HAGA

Account Manager

The Smart Agency, Inc.

 

O 949 438 6262 Ext. 7 | C 714 209 2334

khaga@thesmartagency.com W thesmartagency.com

HQ 220 Newport Center Drive, Suite 22, Newport Beach, CA 92660

Real Estate Finance Rising Star Pablo Clarke Joins Paul Hastings in Los Angeles, CA from Latham & Watkins

 

Pablo Clarke

Los Angeles, CA – Paul Hastings, a global law firm with elite teams in real estate, finance, restructuring, mergers and acquisitions, private equity and litigation, today announced that Pablo Clarke, a prominent real estate finance partner, has joined the firm’s Real Estate practice in Los Angeles from Latham & Watkins, LLP.

Laurel Loomis Rimon

The firm also continues to grow its top tier practices in Fintech and Investigations and White Collar Defense with additions of LeoTsao and Laurel Loomis Rimon in Washington, D.C.

LeoTsao 
Pablo has established a highly respected practice advising leading private equity firms, financial institutions, real estate investment trusts (REITs) and corporations on real estate and finance transactions, including mortgage and mezzanine financing, preferred equity transactions, corporate REIT financing, acquisitions and dispositions, acquisition financing, joint ventures, and commercial leasing.

“Pablo is one of the truly elite practitioners able to deliver high-value solutions to clients in the most complex and fast-moving transactions in real estate and finance,” said Seth Zachary, chairman of Paul Hastings.

“His unique combination of exceptional real estate acumen and a diversified practice serving private equity funds, REITS and other investors, places him in the highest echelons of our profession and we’re delighted to welcome him to the firm."

Seth Zachary

“Paul Hastings’ global platform and elite practitioners across all areas of real estate, finance, capital markets, restructuring and structured credit is an ideal place to grow my practice alongside phenomenal colleagues,” said Pablo. 

“This is an ideal time to join a firm like Paul Hastings that is primed to accelerate growth in the years ahead,” he added.

Eric R. Landau

Eric Landau, chair of Paul Hastings’ Real Estate practice, noted that “Pablo’s addition will help bolster our strength in real estate finance and provide synergies with our clients across a variety of real estate asset classes, including office, industrial, raw land, retail, hospitality, single and multifamily developments, and medical.”

Paul Hastings is one of the pre-eminent Finance practices in the world, representing nearly every major bank as well as the largest and most high-profile asset managers and sovereign wealth funds.

Contacts: 

Allan Ripp 646-285-1779 arippnyc@aol.com 
John Garger jgargernyc@aol.com 
Rebecca Hatton
 rebeccahatton@paulhastings.com

 

 

JLL Capital Markets closes $5 million sale of 2.35-acre waterfront multi-housing development site in downtown Melbourne, FL

The Vues, an approximately 2.35-acre,
in-fill multi-housing development site
located on the Indian River
in Downtown Melbourne, FL
 

 ORLANDO, FL – JLL Capital Markets has closed the $5.45 million sale of The Vues, an approximately 2.35-acre, in-fill multi-housing development site located on the Indian River in Downtown Melbourne, Florida.

 

Jay Ballard 

JLL marketed the property on behalf of the seller, a joint venture between a local property owner and Zilber Limited.

 Real Estate Inverlad, an Orlando-based developer with experience in multi-housing, condominium and mixed-use projects, acquired the site, with plans to construct a multi-housing rental community of approximately 235 units taking advantage of the views of the Indian River.

 This site is zoned Commercial Business District (C-3) and has a Downtown Melbourne Activity Center (DMAC) designation, which allows a density of up to 100 units per acre and a height of up to eight stories or 96 feet overall.

 The Vues site is located just east of U.S. Highway 1, south of Strawbridge Avenue, north of New Haven and West of the Indian River.

Ken Delvillar

The Vues site offers frontage along the Indian River and convenient access to downtown Melbourne, the Melbourne-Orlando International Airport, professional employment and the beach.

 The JLL Capital Markets Investment Advisory team representing the seller was led by Managing Directors Jay Ballard and Ken Delvillar.

 For more news, videos and research resources on JLL, please visit our newsroom.

 

 About Zilber Limited

Zilber Ltd., headquartered in Milwaukee, Wisconsin, is a nationally acclaimed real estate and asset management company that is majority-owned by the Joseph and Vera Zilber Charitable Foundation, Inc., a private, not-for-profit grant-making institution that seeks to improve the well-being of individuals, families and neighborhoods. 

 Joseph and Vera Zilber

 Zilber Ltd. develops residential, commercial and light industrial properties in premier locations across the United States.

 Distinguished by over 70 years of innovative thinking and uncompromising quality, the Zilber philosophy remains the same today as it was in 1949: provide outstanding quality, value and customer care.

Luis Donaldson
 About Real Estate Inverlad

Real Estate Inverlad Development (REID) is an integrated firm that focuses on real estate development, real estate investment, land and debt acquisition, and property management.

 Based in Orlando, Florida REID was founded in 2002 by Luis Donaldson and Chance Gordy.

 With a total development and investment portfolio of more than $888 million and nearly 3.5 million square feet of condominiums, apartments, offices, retail, and mixed-use developments, we are transforming neighborhoods in Orlando, New York, South Florida and Buenos Aires.

Chance Gordy
 

 

 Contact: 

Jenna Sharp, JLL Associate

 Public Relations

Phone: +1 214 394 3356

Email:  Jenna.Sharp@am.jll.com