A consultant with a real estate company said there is "high degree of confidence" of moving forward with the redevelopment of the long-vacant Court Square Hotel building. MGM Springfield is investing in the $55 million project to satisfy its obligation to develop market-rate housing within a half-mile of the downtown casino.Credit WAMCEdit | Remove
MGM plans to increase the amount of money it intends to invest in a major urban renewal project just a block from its downtown gambling resort in Springfield, Massachusetts.