Advertisement
 
Sunday, February 01, 2015
Amsterdam, NY ,
Advertisement

Casino developers moving forward with application

Saturday, June 21, 2014 - Updated: 10:18 PM

By NICOLE ANTONUCCI

The casino developers of the Thruway Exit 27 proposal announced today they will be submitting an application for a gaming license on June 30. 

"After speaking with local officials and receiving words of encouragement from people in the local community, we have decided to move ahead with the application process," Clairvest Group Inc. Investment Advisor Peter Marcil said.

The decision follows a day after the state Gaming Facility Location Board had denied a request to modify the application process.

Clairvest Group Inc. representatives originally said this week their plan would not move forward without a 60-day deadline extension, as well as a $25 million deferment to the $50 million licensing fee. 

Following the state's decision Friday, the developer was unsure whether they were going to proceed. However, Marcil said Clairvest Group CEO  Jeffrey Parr decided to move forward after all.

Montgomery County Matthew Ossenfort said he was glad that the developer has decided to move forward.

"After pleading our case about the need in the community, I am very excited that we are still in the game," Ossenfort said. "We are going to do everything we can as a county to assist them and try to make this happen."

Clairvest Group Inc. is among 19 entities vying for one of four gaming licenses in the Capital, Catskills and East Southern Tier Regions. 

The development team is proposing to develop a 512-acre property straddling the border between the town of Florida and the city of Amsterdam with a $250 million project. It will consist of a casino, hotel, spa, two golf courses, 300 residential units and potential commercial development, which will be done in three phases over two years.

     

Comments made about this article - 0 Total

Comment on this article

Advertisement
The Recorder Sports Schedule

 

The Recorder Newscast

Most Popular

    Mayor: Group has been disingenuous City, Buddhists at odds
    Wednesday, January 28, 2015

    Two face charges in Palatine Bridge fire
    Friday, January 30, 2015

    Flummoxed Aldermen are reacting to list of tax delinquencies
    Thursday, January 29, 2015

    Los Angeles Times Movie Guide
    Thursday, January 29, 2015

    Four to be inducted into Amsterdam Baseball/Mohawks Hall of Fame
    Wednesday, January 28, 2015

    Sunlight delinquencies
    Wednesday, January 28, 2015

    Senior housing project slowdown Ossenfort asks city for cooperation
    Thursday, January 29, 2015

    County fair board lands country star
    Thursday, January 29, 2015

    Communication lines opened Mayor, council have a sit-down
    Tuesday, January 27, 2015

    Roma Marie Gould
    Thursday, January 29, 2015

Advertisement

Copyright © Port Jackson Media

Privacy Policies: The Recorder

Contact Us

Twitter

Instagram

Facebook