The facility is scheduled for completion in time for the 2004 racing season.

Calls to MTR regarding cost, size and location, were not returned by press time.

In addition to the Mountaineer track and resort, MTR operates the Ramada Inn and Speedway Casino in North Las Vegas, and the Ramada Inn in Reno, NV.

Edson R. Arneault, MTR's president and chief executive officer, thanked the people of Erie for their support in a statement, adding, "We are enthusiastic about building in Erie, which is already a resort and tourist destination…the new facility will present cross marketing opportunities with Mountaineer, which is approximately 150 miles from Erie.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.