Cherokee Tribe Buying 800 Acres for New Casino in the Mountains Near Murphy, North Carolina

By
Real Estate Agent with Country Homes and Land Murphy NC Realtor

According to a news release today, the Eastern Band of Cherokee Indians approved a resolution to fund the purchase of approximately 800 acres in the Marble area of Cherokee County.  The Tribe will spend $6.4 million for a total of 7 parcels of land including frontage on Hwy 19/74 just west of Murphy, North Carolina.  A new Class II gaming facility could be up and running in the Western North Carolina mountains as early as next year.

"There is still a great deal of work to do, but I anticipate we will move ahead in 2010," said Michell Hicks, principal chief of the Eastern Band in a front page story in today's Cherokee Scout.  The overall scope of the project is not yet finalized, but Hicks was quoted as saying that "it will definitely result in a few hundred jobs." 

The land to be purchased includes several parcels with commercial frontage on the highway, as well as a 144 acre parcel that is a bank foreclosure.

In addition to the casino, a number of other projects are being evaluated for the site, including:

  • cultural heritage center and museum
  • outdoor gardens and nature trail
  • trout fishing, hiking
  • Great Smokey Mountain Railway gaming excursions
  • future residental golf course development

County Manager David Badger, who serves as director of the Economic Development Commission, felt that this will have a positive impact on the area. 

"Hopefully, it will spur further growth and induce confidence in investing in our community," he told Cherokee Scout reporter Dwight Otwell in today's headline story. 

Posted by

Looking for your dream getaway in the mountains of Murphy, North Carolina? Visit the Country Homes & Land website to see all the latest listings.

Enjoy a preview of our scenic mountains by viewing this youtube video "Murphy Mountain Nights."

Want to find out more about Murphy, North Carolina?  Subscribe to my blog

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Location:
North Carolina Cherokee County Murphy
Groups:
Western North Carolina Mountain Region
Vacation and Second homes
Posts to Localism
North Carolina Real Estate
North Carolina Mountains
Tags:
casino in cherokee county nc
cherokee indians
murphy nc events

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention
Rainmaker
145,578

Kate Wheeler

CCIM - Murphy NC Real Estate for Sale
Ask me a question
*
*
*
Spam prevention

Additional Information