Bonacic Wants Legislative Control Over The State's Casino Locations

More positive news coming out of Albany, New York pertaining to the locations of where the State's Casino's will be located. This is great news for the Rock Hill Town Center project that is sponsored by RH Land and Rock Hill Regional Center (Empire State EB-5). With the bolstering of economic growth in the Upstate New York region, especially with the casinos in mind, this area will be in need of hospitality and commercial real estate which the Rock Hill Town Center will have to offer.


[Source: Albany Watch written by Joseph Spector]

Bonacic said he would ideally like to see three casinos in the Catskills and one at the Aqueduct racino, which produced record revenues last month.The Catskills in 2001 was authorized to have three Indian casinos, but has never been built.

http://statepolitics.lohudblogs.com/2013/01/25/bonacic-wants-legislative-control-over-the-states-casino-locations/

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Reigniting the Catskill Tourist Industry: EPR Properties and Empire Resorts

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