To value the Company's DoubleTree Hotel, we took a 40% discount to the value of the most recent single asset hotel sales that we were able to identify and factored in the cost of a greenfield full-service hotel to arrive at a value per key of $250, 000. If you like tube sledding and you like football, then you will love the literal high point of Winter Blitz. When traveling to Canton for the first time, many travelers find it difficult to choose a hotel to stay in. To the extent that Betr is successful in growing into a meaningful player in the sports betting arena, HOFV shareholders will participate in its success. Chief among them: financing the massive project. 9 miles from Tom Benson Hall of Fame Stadium.
Groundbreaking for the original construction took place in 1962 and the Hall opened its doors for the first time on September of 1963. The following year, disaster struck. "The Winter Blitz will have something for everyone. Exterior view of the Pro Football Hall of Fame|. 5 million loan from CH Capital Lending, a company tied to Stuart Lichter, president of Industrial Realty Group and a director on the Hall of Fame Resort board. Mr. Crawford has also served as a Director of Texas Roadhouse (TXRH) since June 2020, where he is on the audit, nominating and governance, and compensation committees. We are under no responsibility to update our research.
We can accommodate 200 chairs for your guest. Free Hot Breakfast, Smoke Free, Outdoor Pool. "Near-term externalities (mainly COVID and supply chain issues) have, in our view, delayed the full impact of the [Hall of Fame Village] story with investors…". The facility hosts camps and tournaments for football players, as well as athletes from across the country in other sports such as lacrosse, rugby, and soccer. It's really exciting to see it finally happening. "A lot of these conversations I've been having, it seems that folks think that if they submitted an application, they have a right to the license without understanding that the General Assembly has had a lot to say about whether someone should have the privilege of a license, " Casino Control Commission executive director Matt Schuler said at a recent public meeting. He credited "great partners" in Stark County for helping to attract the USFL while expanding the league's presence in Canton, citing Canton City Council, Stark County commissioners, local foundations and Visit Canton. To understand the investment thesis behind HOFV, it is critical to first understand the existing assets, and then understand the vision underlying the buildout of the incremental assets expected to come online over the next couple of years. Total cost of the first two phases – including the stadium, youth fields, Center for Excellence, Center for Performance, the Fan Engagement Zone, Play Action Plaza, hotels and waterpark — is $600 million. Win concert tickets Win VIP tickets to festivals and local shows, plus other prizes. Baker ultimately retired as the Hall of Fame's chief executive last year. But at each turn, the thing that needed to happen has happened. More recently, she acknowledged that the public-dollar figure had increased, although she declined to say by how much. Once completed, the Company will own the largest set of football-themed entertainment assets in the world, which are expected to attract millions of customers and drive meaningful value for HOFV shareholders.
IRG is nationally recognized as a leading force behind the adaptive reuse of commercial and industrial real estate, solving some of America's most difficult real estate challenges. We stayed at this hotel for 2 nights. "They bought houses and then nothing happened, " said Impagliozza, recalling a pause in construction in 2018 after financing fell through. 7% of HOFV's outstanding common shares. In addition to a large space that.