Empire Resorts (NYNY)

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EPT/Empire Resorts planning moves forward, EPT’s president says

KIAMESHA LAKE – The president of Entertainment Properties Trust (EPR) Tuesday said plans are moving ahead slowly for development of their 1,500 acres in Kiamesha Lake at the site of the former Concord Resort.

The project will partner EPR with Empire Resorts, owners of Monticello Casino and Raceway in nearby Monticello, said EPR President David Brain.

“EPR did publically introduce its new master plan for the site along with plans from Empire Resorts for horse racetrack, casino and hospitality complex to be located there,” Brian said. “These plans were formally submitted and accepted into the process of approvals and entitlements necessary for construction.”

Empire Resorts would maintain its current Monticello facilities for horse training and other functions.