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Gaming and Leisure Properties Forms Joint Venture With Prologis to Redevelop Former Joliet Casino Site

By Public Technologies
  • Gaming and Leisure Properties entered definitive agreements with Prologis to form a joint venture redeveloping the former Hollywood Casino Joliet site.
  • GLPI will contribute the 262-acre Joliet, Illinois, parcel in three phases; Prologis will serve as managing member and developer.
  • Plans call for five Class A warehouse and distribution buildings totaling more than 3.8 million square feet, subject to city approval.
  • Development is expected over approximately five years, with Prologis holding options to develop the second and third phases.
  • The deal marks GLPI's first joint venture and its first investment outside gaming, expanding into industrial and logistics real estate.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gaming and Leisure Properties Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610280900PRIMZONEFULLFEED9854816) on October 28, 2026, and is solely responsible for the information contained therein.

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