Sands Casino Resort Bethlehem - Discover Your Destination!
The only major difference is that both Meadows and Presque Isle operate racetrack. The next meeting is scheduled for Wednesday, April 17, and then Wednesday, May Ultimately, it is up to the board to decide what change of ownership fee to charge, McGarvey said, but he confirmed the two casinos are quite similar to the Sands. On Feb. Was it just the casino and outlet mall? It would seem to be a good sign if Perrucci and his investment partners retain ownership of the deteriorating story, Steel General Office building and annex. Note to readers: if you purchase something through one of our affiliate links we may earn a commission. Satullo may be reached at ssatullo lehighvalleylive. The board has not yet scheduled a hearing on the request. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. Donchez did not return a phone call seeking comment. Local attorney and developer Michael Perrucci, New York real estate developer Barry Gosin and their business partners have about a 10 percent share in BethWorks Gaming. It has sat vacant since the mids, but various plans have been floated to reuse the building, like apartments, a hotel and office space. If it all shakes out as planned, the Sands will sell Wind Creek the casino, outlet mall, events center, hotel and some parking lots. Ad Choices. What about the No. Perrucci declined to comment on the details of the ground lease, citing a nondisclosure agreement preventing him from commenting on the deal. Satullo For lehighvalleylive.{/INSERTKEYS}{/PARAGRAPH} The report is then forwarded to the board to assist them in making their final decision. {PARAGRAPH}{INSERTKEYS}But just what was at stake in the sale was not disclosed. How about the annex and satellite parking lots, which the SteelStacks complex depends on? Find lehighvalleylive. Sands spokeswoman Julia Corwin, who will stay on the Wind Creek team after the sale, did not respond to messages seeking comment. All rights reserved About Us. Community Rules apply to all content you upload or otherwise submit to this site. Two more buildings are planned and the city sees the projects as vital lynchpins in the ongoing revitalization of East Third Street. By Sara K. Perrucci and his investment partners will sell off their stake but retain ownership of the property and execute a ground lease with Wind Creek, according to the filing. Follow her on Twitter sarasatullo and Facebook. Sara K.