Initially evaluated as a possible casino site by the Philadelphia Gaming Advisory Task Force in 2005.

The Philadephia Gaming Advisory Task Force had this to say about the site:
"Currently, Penn’s Landing is the major existing public access point to the Delaware River. Development of this site would continue the process of riverfront development, and the 13-acre site is likely large enough to accommodate casino development.
"Gaming at the site would be compatible with the restaurants, bars and hotels in the Historic/Old City District and would develop considerable synergy with them. It is immediately adjacent to the Hyatt Regency Hotel and is a short cab ride away from hotels close to the Convention Center and City Hall.
"The site is adjacent to the Independence Seaport Museum, with which it would develop some degree of synergy. It is also adjacent to the RiverLink ferry terminal, which currently operates from 9 AM to 6 PM during April through September and links the site with the Adventure Aquarium, Tweeter Center, Campbell’s Field, and other attractions across the river in Camden.
"Being located at Penn’s Landing, immediately adjacent to I-95 and Delaware Avenue, and being clearly visible from the Benjamin Franklin Bridge, this site should be relatively easy for non-residents to find. The riverfront location, if developed appropriately, could have interesting and beneficial aesthetics.
"The magnitude of the casino investment could provide the resources necessary to help bridge the gap in the pedestrian fabric created by I-95 and Columbus Boulevard.
The site at approximately nine acres is theoretically sufficient for a casino development with all the appropriate amenities. However, it is likely that the development would be multi-level given the need to provide for internal circulation, parking and other functions. Parking would have to be provided either in an adjacent property or in a multi-level garage vertically integrated into the overall development. "