Financial upgrade of Detroit's streets might stimulate the economic growth of the Greektown casino, according to the CEO of Penn.

Detroit's Greektown Neighborhood Set for Revitalization with $20 Million Streetscape Project Boosting Hollywood Casino Greektown

A significant transformation is underway in Detroit's Greektown neighborhood, with the commencement of a $20 million streetscape project on Monroe Street between Randolph Street and Chrysler Drive. The project, not funded by Penn Entertainment, aims to enhance the area by introducing wider sidewalks, pavers, outdoor dining areas, trees, and public art, creating a more inviting and pedestrian-friendly environment [1][2].

The project is adjacent to Hollywood Casino Greektown, managed by Penn Entertainment, and is expected to bring in more visitors and stimulate overall activity in the neighbourhood [3]. The casino, which also houses multiple entertainment businesses, stands to benefit from this revitalization, although the streetscape project is not specified as part of the casino's amenities.

Penn's CEO, Jay Snowden, discussed the potential positive impact of the streetscape project on Hollywood Casino Greektown during a Q2 2025 earnings call, expressing optimism that these improvements will help boost both visitation to the casino and the overall appeal of the Greektown neighbourhood [1][3].

It's worth noting that the state of Michigan is funding the $20 million streetscape project, but the project on Monroe Street is not mentioned to be funded by the state or Penn Entertainment. The construction around the casino is scheduled to complete by the third quarter of 2025, with the entire project finishing in spring 2026.

This streetscape initiative is part of broader urban development efforts around Greektown aimed at increasing the area's appeal as a destination. The project is expected to benefit several entertainment businesses on Monroe Street, in addition to Hollywood Casino Greektown [1].

[1] Source: Penn Entertainment Q2 2025 Earnings Call Transcript [2] Source: Detroit Free Press, "Detroit's Greektown neighborhood to get $20 million streetscape project" [3] Source: Crain's Detroit Business, "Hollywood Casino Greektown expects boost from Detroit's Greektown neighborhood streetscape project"