Taylor Gray
The Cordish Companies
Vice President Of Development
Job Functions: Capital Markets, Design & Construction, Development, Legal
Bio
Taylor Gray currently serves as Vice President of Development for The Cordish Companies, as well as an attorney for the Company’s Real Estate Division. During his 13 years of employment with The Cordish Companies, Mr. Gray has overseen the planning and development of numerous projects within the Company’s portfolio of urban developments both nationally and locally. Mr. Gray oversaw the planning, design and development of Bayou Place and Bayou Place Offices in downtown Houston, TX, which transformed a vacated convention center into a thriving dining, entertainment and corporate office development. More recently, Mr. Gray managed every aspect of the planning, design, and development of the new Towson Square dining & entertainment district in Towson, MD, which has brought over 1,500 new jobs to the area, as well as generated approximately $1.75 million in County taxes each year, including $840,000 from amusement taxes, and an estimated $2.9 million each year in State sales tax. Currently, Mr. Gray is overseeing the development of numerous projects including one of the Company’s highest profile sports-anchored destinations, Texas Live!, in partnership with the Texas Rangers and City of Arlington, TX, as well as the flagship Live! by Loews Hotel in Arlington, TX in partnership with Loews Hotels & Co. and the Texas Rangers. The $250 million world-class Texas Live! and the Live! by Loews hotel is part of a $4 billion vision for the Arlington Entertainment District that includes the Rangers new $1 billion ballpark and preservation of Globe Life Park. The development is projected to significantly exceed $100 million per year in economic output to the City of Arlington and Tarrant County, over $2 billion in direct and indirect salaries during its first forty years, approximately 3,025 new jobs for local and regional residents, including 2,000 construction jobs and 1,025 permanent jobs, along with numerous vendor opportunities for local, minority, women and veteran-owned businesses. Mr. Gray is also leading the development of the Company’s new $200 million flagship Live! Hotel, a luxury hotel, spa and event center at Live! Casino within the Baltimore/Washington Corridor. The flagship Live! Hotel will be located directly adjacent to Live! Casino at Arundel Mills and will add an additional 350,000-square-feet of space to the State's largest gaming facility. Featuring a 17-story hotel tower with 310 luxury guest rooms, an event center, meeting spaces, new dining options, and a day spa/salon, the expansion will offer guests of the Casino the opportunity to play the day away, then relax and rejuvenate with comfortable accommodations and amenities just steps from the casino floor. Mr. Gray is a member of the American Bar Association and the Maryland Bar Association, as well as a member of the International Council of Shopping Centers and the National and Baltimore Chapters of the Urban Land Institute. As an attorney for The Cordish Companies, Mr. Gray has secured over $500 million in financing for several projects including the Seminole Hard Rock Hotel and Casinos in Hollywood and Tampa, FL; Fourth Street Live! in Louisville, KY; Bayou Place and Bayou Place Offices in Houston, TX; and Towson Square in Towson, MD. Mr. Gray was recognized by the American Institute of Architects (AIA) in 2007 for his work during the Bayou Place Offices development and was honored with the Award of Excellence for Renovation & Restoration for Design for the project. Mr. Gray was also awarded the Paul L. Cordish Achievement Award in 2010, the highest and most prestigious award given each year on behalf of the Cordish Family to an individual who possesses and implements the family’s core values of quality, entrepreneurial spirit, long-term personal relationships and integrity with the highest regard.
Areas of Interest
- Deal Type
- Acquisition, Development, Ground Lease, Loan Purchase, Opportunity Zone, Partner Buyout, Pre-Development, Recapitalization, Refinance, Rehabilitation