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A big bet on Maryland Live

A big bet on Maryland Live

Viewers of HGTV or similar cable television fare have no doubt watched the various real estate "flipping" shows and observed how business decisions inevitably come down to this: Either invest as little as possible and milk what you can out of a property or aim high and invest more with the expectation of a much larger payoff.

So it is with commercial development decisions as well. Earlier this week, the Anne Arundel County Council made its choice to pay more, committing to a $22.5 million investment in bonds so that The Cordish Cos. might build a $150 million, 300-room, 17-story hotel and conference center adjacent to the Maryland Live casino at Arundel Mills.