Community Corner

Kraft Group Says Annual Estimate of $10 Million From Casino Resort For Foxborough

Project has potential to generate a minimum of $10 million annually in direct tax revenue for Foxboro to use.

The following is a statement from Dan Krantz, director of site development for The Kraft Group, regarding the Wynn Resorts proposal for Foxboro:

“We have been consistently asked by town officials to bring specific -- not abstract -- proposals forward so that the town can exercise its traditional process for vetting them. That is precisely what we are trying to do with this opportunity."

"It has the potential to generate a minimum of $10 million annually in direct tax revenue for Foxboro to use to improve schools and services, lower property taxes or in any other way the town sees fit," further stated Krantz.

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"We’ve heard the opposition, and we’ve also heard from many who want to see a conceptual design for the property and hear the details of the proposal before making a decision on whether to move forward in the process. Wynn Resorts is working toward that and we will work with the town to assist with the process in any way we can.”


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