Kentucky Downs shares expansion plans
The group in charge of the renovations at Kentucky Downs has revealed that investment in the facility is doubling.
US.- The Kentucky Racing Acquisition group is set to double its investment in Kentucky Downs. The owners of the group, Ron Winchell and Marc Falcone, received the preliminary approval for the investment this week.
The company received the green light to move forward in February, but they’re now planning on doubling that investment. They’re planning to add 18,000 square feet to the facility, facelift the exterior and add new dining options. The Franklin-Simpson Planning and Zoning Commission gave the approval this week. They’re likely to move forward before the end of the month, Bowling Green Daly News reported.
“We hope to break ground this month and finish the expansion by late July,” said R.T. Browning, a consultant to the Kentucky Racing Acquisition group. Thus, they would unveil the expansion around spring in 2020.
The project is likely to cost US$20 million, but the group sees it as an effort to improve the property through expanded gambling, live entertainment and dining. “The owners recognise that they can improve the product for the customers,” Browning said. “They see the potential for this track.”
