Developer of Nevele to speak at Ulster Chamber Breakfast December 18Dec 11th, 2012 | By HV Insider | Category: Business News
Michael Treanor, the chief executive officer of Nevele Investors LLC, will be the guest speaker at the December 18th monthly breakfast meeting of the Ulster County Regional Chamber of Commerce’s Dec. 18 breakfast.
The breakfast, sponsored by Catskill Hudson Bank, is scheduled for 7:30-9:00 a.m. at the Kingston Holiday Inn, 503 Washington Ave. The breakfast will also feature Holiday Carols, sung by the Kingston High School Choir Ensemble.
Treanor said he will explain to business leaders that the $400-million plan will only come together if two things happen—if voters approve an amendment to the state constitution allowing up to seven non-Indian casinos and if the Nevele investors land one of the casino slots.
However, Treanor expects “stiff competition” for the gaming licenses and he stressed that he will need 100-percent political, community and business support throughout Ulster and eastern Sullivan counties.
“We need to be ready to go with development and must be approved by state agencies,” he said. “We need to have a winning plan for the redevelopment, one that will attract visitors from outside the region to come into Ulster County, enjoy themselves and spend money.
Treanor said his firm’s economic studies indicate that the four-year redevelopment of the property would mean 1,700 full-time jobs at the site.
The refurbished Nevele Resort, Casino and Spa would feature not only a 150,000-square-foot gambling casino, but a championship golf course created by Tom Fazio, along with winter skiing and ice-skating. The summer activities would include a water park, horseback riding, golf, tennis, squash, shooting, rock-climbing and zip lines.
Treanor said visitors to the resort would also get out and enjoy the Shawangunks, rail trails and the unique retail shops in neighboring towns.
Pre-registration is strongly encouraged. For more information or to register, call the Chamber at (845) 338-5100 or go online at www.ulsterchamber.org.