Wednesday, May 23, 2012
A report of myfoxboston.com looks at the future of the Kraft Group on Route 1.
Wednesday, May 23, 2012
What's Bob Kraft's next move? In a report Wednesday, myfoxboston.com looked into what could happened now the Foxborough casino plan is off the table to the land across from Gillette Stadium. Days before the Foxborough election, the Kraft Group purchased land next to the property where the casino was planned for in Walpole. The report also asked whether Kraft would be interested in moving the New England Patriots out of Gillette Stadium. Read more information and see video at http://www.myfoxboston.com/story/18600102/2012/05/23/patriots-owner-robert-kraft-tight-lipped-about-next-move
Tuesday, May 8, 2012
The Kraft Group and Wynn Resorts have decided to end a plan to build a casino after Monday's election.
There will be no casino for Foxborough. After Monday's election, both the Kraft Group and the Wynn Group have decided not to pursue a casino for Route 1 in Foxborough. Here are the statements from both groups. released today. Statement from The Kraft Group: When the Commonwealth of Massachusetts passed gaming legislation, we brought forth an opportunity with the unquestioned premier developer and operator in the industry. We have the greatest respect for Steve Wynn, his team and his business model, and believe this unique opportunity was worthy of a chance to be heard. With Monday’s election, we believe the citizens of Foxborough have spoken. As we originally committed, we have heard them and respect their collective voice. With that …
Saturday, December 17, 2011
Highlights of the Dec. 13 selectmen meeting held at Foxborough High School in regards to holding a casino public hearing.
To read an overview of the meeting, click here.
Friday, December 16, 2011
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. "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…