Westchester developer Louis Capelli has owned the now-shuttered Concord Hotel in Kiamesha Lake for 7 years now. Plans for the renovation of the famed resort have been tossed around like a ping pong ball on the ocean, battered about first by the events 9/11 and then by the on and off plans for casino gambling. Last January, Capelli — who’s projects include the Trump condos and planned Ritz Carlton and new Roc City in New Rochelle, flew up in his helicopter to announce that he would definitely break ground by June 30th on a 120 room luxury hotel on the Concord property.
Well, June 30th came and went, and no shovels went into the ground. Another deadline not met. (Maybe we should just legislate that Alan Gerry handle all development in Sullivan County. He’s about the only person here who seems to be able to get something done on time. He promised to have Bethel Woods open on Juky 1st, and, by golly, he did!)
But the Concord revamp is far from dead. Capelli’s company has been quietly laying the groundwork for the redevelopment of the property. They submitted an environmental impact study to the Town of Thompson on Aug. 5th., and other steps are being undertaken as part of the review and approval process.
The current plan calls for a complete redevelopment of the property, with a new club house, a five star "hotel spa", 3,000 new homes and renovations to the golf courses. The projected total project cost is $1.5 billion, with the first phase, which could be finished by spring 2008, running about $100 million.
Its been a long time in coming. But maybe, just maybe, this will be the hotel project that actually gets off the ground.