MGM named preferred developer of 2 Springfield properties - ToledoNewsNow.com: News, Weather & Sports for Toledo, OH

MGM named preferred developer of 2 Springfield properties

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By Hugh Zeitlin - email
SPRINGFIELD, MA (WSHM) -

In a matter of days, the city is supposed to officially announce which of the two proposed casino companies it will negotiate a host agreement with.

It could be MGM, Penn National, or both companies.

Friday, MGM picked up a piece of its puzzle to complete a casino in the city's South End.

City officials announced the company is the preferred developer of two buildings that are for sale.

MGM has offered $1.6 million each for the historic Armory building and the Howard Street School.

Both properties are in the area the company has its eye on for an $800 million casino resort.

MGM has put down deposits on each building.

They will officially acquire the buildings if they are selected for a state gaming license.

Copyright 2013 WSHM (Meredith Corporation). All rights reserved.

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