Table of Contents
Churchill Downs has announced plans for expansion in Louisville, Kentucky, which will include the construction of Derby City Gaming Downtown, a new vintage racing machine entertainment facility.
The 43,000-square-foot venue will open with 500 HRMs, a fresh-air gaming area, and over 200 onsite parking spaces, as well as innovative bar concepts, a stage for live entertainment, and a retail and goods store where guests may purchase for Kentucky Derby-themed merchandise.
Derby City Gaming Downtown is expected to open in the early stages of 2023, with construction starting later this year.
Louisville Mayor Greg Fischer said: “Today, Churchill Downs becomes an important component of a downtown Louisville revitalisation that has been gaining momentum the last several years.
“Downtown is our community’s center, and as the economic engine of the region, our downtown also is our region’s center.
“Derby City Gaming Downtown will bring even more life to Fourth Street with just shy of an acre’s worth of space for more entertainment offerings, another stop for bourbon fans, a shopping outlet for Kentucky Derby merchandise and permanent jobs to downtown.
“Thank you, Churchill Downs, for your commitment, your investment and for your belief in our great city.”
West End Opportunity Partnership
CDI has also pledged $1 million to the West End Opportunity Partnership, a community-led initiative that will fund projects to jump-start economic development and improve quality of life in a district that includes nine West End neighbourhoods.
Bill Carstanjen, CEO of CDI said: “CDI is committed to investing in the city of Louisville and today we are particularly excited to announce this new downtown entertainment venue.
“Our HRM expansion will be a win for the entire community in the Louisville area and will create $10m to $12m per year in additional purse money for Churchill Downs Racetrack.
“It is important that Louisville is a city that is thriving — a great place to live, work and visit and we are committed to helping create economic vibrancy for every area of our community.
“The West End Opportunity Partnership and our collaboration with OneWest can help us responsibly and sustainably achieve that vision.”