According to yesterday's Business Wire, Northway Island Associates, Inc. of Utica, NY, announced last week, that it has closed on its purchase of approximately 928 acres of land to develop an entertainment complex in the St. Lawrence area which is expected to attract tourists from both the U.S. and Canada.
(Sounds like a BIG Project for a local company!)
News 10 Now reported last year that the project would be a $108 million speedway complex that might even entice NASCAR to the region. According to the report:
Once the speedway complex is up and running, it's expected to generate about $36 million annually. And people here say it will be the economic boost the North Country has been waiting for.(It IS BIG!)
Now . . . here's the kicker . . . (from an article tucked away in April 2006's CNY Business Journal):
The project is the brainchild of Julius DeSimone, principal of Northway, who originally looked to locate the complex in the Utica area several years ago. When the idea was not well received by local officials, DeSimone started looking further north, Colachino says. [emphasis supplied]
Imagine the synergy that could have been created with such a facility in the same region as Turning Stone! and the Boilermaker! and maybe even Destiny USA! . . . Think of the positive press coverage and feelings of excitement from living here, having America's biggest 15K PLUS PGA Golf PLUS NASCAR! Our area would have become a WORLD CLASS TOURIST DESTINATION.
Don't you just wonder which local officials blew this one? Shouldn't we know? I'd like to know!
Have you Had Enough (local incompetence) Yet???
[Update -- Please check out the comments below]