The Mashpee Wampanoag Tribal Council this week cleared the first of a series of critical hurdles in front of its plan to build a $500 million casino resort megaplex in Fall River.
With a four to one vote on Wednesday evening, the Fall River Redevelopment Authority board agreed to give the tribe the right to purchase a 300-acre property in the northern section of the city, just off Route 24, for $21 million. The tribe will place a $200,000 deposit on the property, which will hold open the option to purchase for one year.
The redevelopment board, an independent city agency with members appointed by the mayor and the governor, chose the possibility of a resort casino and the estimated 3,000 to 5,000 jobs that may come with it, rather than a state-supported biotechnology research and manufacturing facility that had been proposed for the property. Read full article at capenews.net.