Cordish Bids On Tropicana

Developer The Cordish Company has offered to buy the Tropicana Casino & Resort in Atlantic City, N.J., a trustee confirmed.

Cordish Co., which helped revitalize Baltimore’s Inner Harbor, built The Walk, a popular shopping district in Atlantic City.

The bid will be submitted to a bankruptcy court judge in Delaware, which will conduct an auction where other companies can submit higher bids.

Cordish was recently selected by the state of Kansas to develop a casino there.