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The family-owned global entertainment and hospitality leader, The Cordish Companies, announced plans for a billion-dollar project in Petersburg, Virginia. The announcement came Tuesday and revealed details regarding a planned development of a new mixed-use project with a price tag of a staggering $1.4 billion.The new project, called Live! Gaming and Entertainment District, is planned to be located at Wagner Road and Interstate I-95, providing easy access for tourists and travelers, a statement released by The Cordish Companies reveals. The mixed-use project promises to create thousands of new jobs, raise billions in tax revenue and bring significant economic stimulus to the region.The project is expected to "set a new standard for gaming, hotels and entertainment in the Commonwealth" of the region and become a world-class attraction. What's known so far is that Live! Gaming and Entertainment District will include hotel and dining amenities as well as first-class gaming entertainment.Be