From left: Caesars Entertainment’s Thomas Reeg, The Cordish Companies’ David Cordish (sellers) Topgolf’s Artie Starrs an aerial of the enhancement site at Southwest Third Road and Southwest 23rd Avenue in Pampano Seaside (Getty, Google Maps, Caesar’s Leisure, The Cordish Organizations, Topgolf)
Topgolf purchased a Pompano Beach progress web page for $14.7 million, marking a move ahead for the driving array chain’s initially location in Broward County.
The Dallas-primarily based organization obtained virtually 11 acres of land on the southeast corner of Southwest Third Street and Southwest 23rd Avenue, exactly where it ideas a a few-story facility with 102 hitting bays, according to documents and true estate database service provider Vizzda.
The driving selection, known for its electronically tracked golf balls, will rise north of the significant Isle On line casino Pompano Park redevelopment. The Cordish Businesses and Caesars Enjoyment, which are spearheading the Isle Casino overhaul, sold the internet site to Topgolf.
Isle Casino is an expansive, 223-acre amusement hub in Pompano Seaside that features a horse racing keep track of, a lodge, residences and a on line casino, which was not too long ago rebranded as Harrah’s Pompano Beach. As portion of Cordish Corporations and Caesars’ redevelopment, the larger advanced will be rechristened as Are living! Resorts Pompano and is in line to get hundreds of thousands of square ft of added progress.
Baltimore-centered Cordish Companies and Las Vegas-primarily based Caesars also are betting on South Florida’s booming business marketplace by including workspace in the venture. Two several years in the past, the pair also envisioned a 1.5 million-sq.-foot industrial sophisticated, though it is unclear if that is still prepared.
Cordish Companies, a relatives firm founded in 1910, is led by David Cordish, in accordance to its web-site. Caesars, primarily based in Las Vegas and led by CEO Thomas Reeg, was formed as a result of a 2020 merger with Eldorado Resorts to turn out to be a significant gaming and hospitality agency. Its manufacturers involve Harrah’s, Caesars Palace and Horseshoe.
The Topgolf facility in Pompano Beach scored web-site strategy approval from a town board in August. Plans connect with for the hitting bays to be partially enclosed, allowing for yr-round golfing, and the location will incorporate a restaurant and bar, rooftop place, and outside and indoor seating and dining.
Topgolf, started by brothers Steve and Dave Jolliffe and led by CEO Artie Starrs, opened its first South Florida venue in 2016 in Miami Gardens. Its other facility in the area is in Doral.
Though Topgolf, now a subsidiary of golf tools manufacturer Callaway, has obtained recognition in new years, conventional golfing classes have observed a drop in patronage. Across South Florida, homebuilders have seized on shut out of doors golf programs as redevelopment web pages for household communities.
