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Fletcher specializes in commercial real estate for the commercial real estate arm of Keller Williams Realty and has been hired by the Thurlow Family LLC to market the Route 26 property.
He said construction could begin this year on some of the properties.
The Oxford Casino Associated Press The land includes parcels to the north, east and south of Oxford Casino that were consolidated about four years ago by family members under Oxford casino maine sold Family LLC.
The family patriarch, Evan Thurlow, a former Oxford selectman, sold more than 100 acres of his land to BB Development in 2010.
That click here of local https://fonstor.ru/casino/grafton-to-casino-distance.html constructed and opened Oxford Casino in oxford casino maine sold at the corner of Rabbit Valley Road and Route 26, then sold it to Churchill Downs in 2013.
Casalinova said at the time he would market the remainder of the property to businesses in the service industry, with the idea of creating a family-friendly retail and recreational space.
There were also plans to have a second flagship or boutique hotel on site, and a nearly 40,000-square-foot, two-level shopping center.
The first floor would be for retail use, the second floor for other, mixed use.
His master plan was expected to turn the farmland into an economic engine over five years, similar to the North Conway shopping area.
That Casalinova plan is now dead and ties with Casalinova Development Group have been severed by the Thurlow family, according to Fletcher.
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Less than a year after its opening, Oxford Casino agreed Friday to be acquired by Churchill Downs Oxford casino maine sold />Today, Oxford Casino has a 25,000-square-foot gaming floor with 790 slot machines and 22 table games.
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The developers emphasized their Maine roots and made efforts to hire local building contractors.
They said there was going to be a hotel and a golf course and beautiful grounds.
None of that happened.
The sale of Oxford, which depends on Churchill Downs getting a gaming license from the Maine Gambling Control Board, is expected to close by the end of this year.
Churchill Downs owns the Churchill Downs racetrack, home of the Kentucky Derby.
It is a publicly traded company that must answer to shareholders, Bailey said, so it may not make investments to build Oxford Casino beyond its existing operations.
Three large resort casinos are expected to open in Massachusetts, and efforts continue to open a casino in the Biddeford market.
While the largest share of Oxford Casino is owned by Bob and Gary Bahre, former owners of the New Hampshire International Speedway and the Oxford Plains Speedway, Och-Ziff Real Estate Advisors, a financial investment advisory firm in New York, owns a minority interest.
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There are 7 active recently sold homes in Oxford, Maine, which spend an average of days on the market.
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YOUR MAINE ESCAPE AWAITS!
Our clean, comfortable rooms offer the perfect diversion from the thrill of the casino floor.
Our hotel has 100 guest rooms plus 7 luxury suites.
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