The investor group behind Market8, one of six applicants vying for the second city casino license, announced Wednesday that it would donate $1 million annually to maintain and improve East Market Street, should it win the gaming license.

The group has proposed a $500 million casino entertainment complex at Eighth and Market Streets at a site that is currently a surface parking lot.

"Market8 will dedicate a portion of our profits every year to make a tangible, lasting impact on one of the most critical commercial corridors in the City," said Ken Goldenberg, the casino project's lead developer, and is the founder, president and chief executive officer of The Goldenberg Group. - Suzette Parmley