Below, Empire
Resorts releases great news last week regarding the Concord Casino and
Resort development in Sullivan County. The Rock Hill Town Center is less
than 4 miles from the future Concord Casino and Resort. The Rock Hill Town
Center (Empire State EB-5/Rock Hill Regional Center) is an EB-5
funded development project that will be split up into two phases. Phase I will
include the construction of a 90-room hotel, 60,000 sqft. of retail space and
residential lots. The economic growth in the Upstate New York is on the rise, so
be on the lookout for more updates and news regarding Rock Hill Town Center and
community drivers.
[Press Release: Empire Resorts, Inc. – Wed, Jan 16, 2013; SOURCE: Yahoo Finance]
MONTICELLO, N.Y.--(BUSINESS WIRE)--
EPR Properties (“EPR”) (EPR), together with Empire Resorts, Inc. and its wholly owned subsidiary, Monticello Raceway Management, Inc. (together “Empire”) (NYNY) last night received approval from the Town of Thompson Town Board on the Comprehensive Development Plan (“CDP”), SEQRA findings and the Planned Resort Development Text Amendments (“Amendments”) for the 1,583-acre site of the former Concord Resort (“EPT Concord Resort”). Approval of the CDP and SEQRA findings and the adoption of the Amendments means the joint developments can now move forward with the submission of individual site plan applications, thus initiating the commencement of the build-out of the proposed EPT Concord Resort.
Continue reading the full article here: EPR Properties and Empire Resorts Receive Approval for Destination Resort Master Plan
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