Parq Holdings Limited Partnership, a joint venture between Dundee Corporation (TSX:DC.A), Paragon Development Ltd. and PBC VUR Limited Partnership, is pleased to announce that it has completed a USD$415 million project financing for the development of a world-class urban resort adjacent to the B.C. Place Stadium in Vancouver, British Columbia. Once completed, the resort will feature two luxury hotels, a 60,000 square foot conference centre, five exceptional restaurants, three lounges, retail space and a new home for the existing Edgewater Casino. Project financing was arranged by a syndicate of financial institutions led by Credit Suisse Securities (USA) LLC, with the participation of Dundee Securities Ltd. and Valtus Capital Group, LLC.

Read the press release | Watch the rendering video | Read more about Parq Vancouver