Quote:
Originally Posted by CTtoPA
$9.2 million seems like peanuts for that land. Then again, I don't really have much to compare to since Connecticut and Indiana are apples and oranges as far as real estate.
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The 9.2 million is a "cash incentive" so they can build new facilities. According to the article, the Fair Assoc. and Gibson would swap properties (Fair Grounds owns 111 acres and Gibson owns 72 acres). There is another big plus for the fairgrounds side according to the newscast, the addition of a equine show barn would bring in some national events......They are trying to butter it up as much as they can and maybe they can slip in the fact that they are killing a piece of historical property.......Hartman, a member of the board does say they are optomistic for what is going on at the Action Track.....New track would be great, but not the same.......