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Construction at RexCorp’s Catskills Concord Development Slated To Begin
 
RexCorp’s joint venture with Westchester developer Louis Cappelli owns the former Concord and Grossinger’s hotels in Kiamesha Lake and Monticello, respectively. Construction on the Concord site, which includes two golf courses, 3,000 homes and a luxury hotel-spa, will begin soon.

The Comprehensive Development Plan consists of:
  • A 1,500 room hotel, resort and casino/convention center
  • 3,000 + residential units
  • A 200-room, five-star spa hotel
  • A 300-room five-star lodge/hotel
  • 600,000 square feet destination and big box retail
  • Two 18-hole championship golf courses
  • 60,000 square foot golf course clubhouse
Plans for the Grossingers portion of the development project are currently under development.
6/8/2007
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