“It was going along very slowly and things kind of fell in place for the developer,” Fanning said.
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The nearly $4.5 million deal includes slightly more than 43 acres, but it does not include the Magic Castle, he said. The family entertainment venue will undergo updates, new game installations and a parking lot renovation over the next six weeks and will remain open.
About 19 of the 43 acres will be dedicated to the The Grand, Fanning said. Guttman Properties will partner with Civitas Senior Living to manage the facility, which is expected to open in about a year and a half, Fanning said.
The “cruise ship on land,” as the developer previously described the facility to the Dayton Daily News, is a $65 million project, Cara Tilford said township trustees approved the plan in May.
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The rest of the golf course property will encompass a pool, clubhouse, dog park, playground and about 276 Rollandia Greene Apartments and townhomes, according to site plans submitted in May.
“That’s something that’s going on in a lot of developments. They have these homes where the parents are upper 80s or 90s and their kids are in their 70s and so they stay in homes right nearby,” Fanning said. “By the way, they are very nice.”
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