When Is the New Cherokee Indian Casino Coming to the Mountains Near Murphy NC? - Update August 10, 2010

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

    

Murphy, North Carolina is one step closer to having a new Cherokee Indian casino in our mountains, bringing new jobs and tourist dollars to Cherokee County.  According to this week's Cherokee Scout, deed transfers were recorded on 6 parcels of land in May, totaling about 340 acres.  The properties included several parcels near the town of Marble with frontage on Hwy 19/74.

With two adjoining parcels of land totaling over 450 acres already in the name of the Eastern Band of Cherokee Indians, this means the Tribe's purchase of approximately 800 acres of land in Cherokee County for the planned gaming facility that was announced early in May is now complete.

Among the purchases recorded on May 12 and May 14 was a 138 acre tract of land that was a foreclosure owned by BB & T.  That parcel sold for $700,000. 

According to Tribal Chief Mitchell Hicks, the Eastern Band of Cherokee Indians is evaluating a number of additional amenities that may be added on the site.  These include:

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

I drove by the proposed site this morning and so far there is no sign of pre-construction activity going on.  I'll continue to post regular updates with the latest news.  For more information on the new casino, check out my recent posts: 

Cherokee Tribe Buying 800 Acres in the Mountains Near Murphy NC for a New Casino  

Just HOW MUCH are the Cherokee Indians Paying for New Casino Land in Cherokee County - And Is Any of It Near YOUR Property?

News of New Casino Coming to the Mountains Near Murphy NC Drives Pending Home Sales Up 68% - May 2010 Market Report

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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."

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. June Tassillo 08/13/2010 03:14 PM
Topic:
Real Estate General Information
Location:
North Carolina Cherokee County
Groups:
North Carolina Fun Things to Do and See
North Carolina Mountains
Vacation and Second homes
Western North Carolina Mountain Region
Tags:
casino in cherokee county nc
murphy nc land for sale
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Karyn

From what I have heard, there are a total of 793.58 acres being purchased. There's definitely room for lots of activities out there! Thanks for sharing Kate!

Aug 18, 2010 12:38 PM #1
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Kate Wheeler

CCIM - Murphy NC Real Estate for Sale
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