Gaming and Leisure Properties Enters Joint Venture with Prologis, Inc. to Develop the Former Hollywood Casino Joliet Site
Gaming and Leisure Properties, Inc. (GLPI) has formed a joint venture with Prologis, Inc. to develop the former Hollywood Casino Joliet site in Illinois. GLPI will contribute the 262-acre parcel, and Prologis will develop it into a modern Class A warehouse and distribution park with five buildings totaling over 3.8 million square feet. This venture marks GLPI's first investment outside the gaming sector, transitioning the vacated casino site into a productive industrial complex.
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