Developers plan purchase, redevelopment of Pocono Manor

11/15/2005 | GlobeSt.com

Matzel Development plans to purchase and redevelop the Pocono Manor national historic district, transforming the 3,500-acre site in Pennsylvania with $3 billion worth of investment over the next 10 years. The site includes the Pocono Manor Inn & Golf Resort, which the developers plan to turn into a hotel and casino complex with surrounding residences and time-share properties.

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