Lange, an Eaton Rapids developer, has proposed a $110-million complex with a European-style undulating turf course, entertainment complex and an equestrian center at Interstate 69 and Pinch Highway. "Now we start to work with Windsor Township officials for site plan approval," Lange says. "It really becomes a real estate development now."
Lange says his project is not affected by a pending statewide ballot referendum, which, if approved Nov. 2, could effectively deny the expansion of video lottery terminals into Michigan racetracks, sinceonly existing tracks and the two pending in the Detroit area would be allowed VLTs.
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
Already have an account? Sign In Now
*May exclude premium content© 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.
