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Join NY developer for gaming complex at Concord Hotel site
The Mohegan Tribal Gaming Authority (MTGA) is teaming with Concord Associates and the Marnell Cos. to develop a casino resort at a Catskills Mountains site that once housed the Concord Hotel. The planned complex’s 116-acre locale in Thompson, N.Y., was once home to the Concord, a popular “Borscht Belt” destination in the 1950s and ’60s that was razed in 2008.
Full development of the site has been master-planned by Marnell Architecture, a Marnell Cos. unit that has designed such well-known complexes as Wynn Las Vegas, Borgata, Caesars Palace, Rio, Bellagio, Mirage Treasure Island, MGM Grand, Harrah’s New Orleans, Lumiere Place and The M Resort. “Phase 1 of the Concord Resort has been designed to provide a world class customer experience and a master plan that will allow for the seamless integration of a multitude of subsequent venues to meet future customer demands,” says David Howryla, president of Marnell Architecture.
The partners said $100 million has already been spent on site preparations for the project, and that the development’s total price is expected to be about $600 million. The resort is expected to include a 75,000-square-foot video gambling casino, a 258-room resort hotel, a 5/8-mile harness racing track, 10,000 square feet of meeting rooms and ballrooms, five restaurants, retail outlets and several entertainment spaces. Those facilities are tentatively expected to open in spring 2013.
Concord, which is owned by developer Louis R. Cappelli and family, will develop the project with the Marnell Cos. The MTGA, which also runs casino resorts in Connecticut and Pennsylvania, will run the daily operations of the new Concord resort under the Mohegan Sun brand.
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