Quote:
Originally Posted by TheScorpion
The prospective cash cow the Meruelo Group is undoubtedly banking on here is the residential aspect of an entertainment district. 41 acres would be more than enough to build a pretty sizeable condominium complex. The sportsbook always seemed like relatively small potatoes, at least to me, but who knows.
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I don't think a pro sports team/arena is an effective 'loss-leader' for a real estate scheme like a ski resort or golf resort...
It's pretty absurd that they'll still be playing in the Mullet with no concrete plan in place.