Developer Takes Major Step for 928-Acre Project in New York State
- Feb 06, 2008
A major mixed-use resort has been in the works for the Town of Brasher in Upstate New York, and the project is now moving ahead with Northway Island Associates submission of its Planned Unit Development to the city. Dubbed the North County Entertainment Complex, the project has been designed to encompass a wide range of offerings, including a casino, five hotels, a 30,000-seat motor sports oval, an amphitheater, a golf course, a water park, an equestrian center and a drag strip. Northway has already secured the 928 acres the development will occupy, having closed the acquisition in late June of 2007. Northway has estimated that the project, which will take approximately six years to complete, will generate about $965 million in spending during the construction phase, and $165 annually once it opens. Additionally, the resort will bring 3,480 much-needed jobs to the area, where employment has suffered a blow due to the closing of many manufacturing plants.”This development has been much sought-after by the community,” a Northway spokesperson told CPN today. “This area had been very strongly industrial-oriented, but over the years plants have closed so there’s been a real need for jobs.” With its PUD now filed with the City, Northway will begin conducting community hearings and further defining plans as mandated by the PUD process. Based in Utica, N.Y., Northway is 10 percent owned by luxury home builder and construction services company Hamptons Luxury Homes.