April 10, 2020
“The Balsams Resort in Dixville Notch, New Hampshire is poised to be a future model for the industry, the nation, and beyond…” You can read the full policy proposal here.
February 11, 2020
Fox News was in Dixville Notch along with many other media outlets on the night of the 2020 Primary. They did a short segment showcasing the history, and you can watch the full video here.
February 7, 2020
Mary Newman from Politico recently visited and interviewed both Les Otten (Owner and Developer) and Tom Tillotson (Town Moderator) in the Ballot Room. “The original ballot box, the voting in Dixville Notch signs will all be here, albeit five of us voting,” Otten said. “The tradition will go on pretty much the same way it has since every presidential primary and presidential election since 1960.” Watch the full interview and video by Politico.
April 18th, 2019
“CONCORD – Developer Les Otten’s vision for creating the crown jewel of resort hotels with the largest ski area in the Northeast at the Balsams got another major boost Thursday, this time from the state Senate.
The Senate approved House Bill 540 that will help Otten seek the funding he needs for the $173 million redevelopment of the Balsams in Dixville Notch.”
Read the full article from InDepthNH.org.
January 23rd, 2019
DIXVILLE NOTCH, N.H. “New legislation was recently introduced to amend SB 30 in regards to financing the redevelopment of the Balsams Hotel located in Dixville Notch. The prime sponsor of the bill is State Rep. Edith Tucker of Randolph. Some confused residents were looking for a clear explanation of what the proposed amendment would actually do.” Read more from the Coos County Democrat.
December 4th, 2018
DIXVILLE NOTCH – “Les Otten likes to fix things. After moving to Maine in 1972, Otten bought Sunday River Ski Resort 8 years later and turned it into one of the premiere ski destinations in the northeast.
In 2001, he helped form the current ownership group of the Boston Red Sox and spent 5 years as a minority owner with the task of ‘saving’ Fenway Park. His newest labor of love is located in Dixville Notch, New Hampshire, the Balsams.” Read and watch more from News Center Maine.
September 18th, 2018
LANCASTER – “Balsams Resort developer Les Otten last week asked Coos County legislators to support legislation that would allow the creation of a tax assessment district without the need for a $28 million loan guarantee from the N.H. Business Finance Authority.
Addressing a joint meeting held Sept. 12 of the Coos County delegation and commission, Otten said he remains committed to redeveloping the Balsams Resort.” Read the full article by the Conway Daily Sun.
August 27th, 2018
“The Balsams Resort redevelopment team, through its lead lender Service Credit Union (SCU), has withdrawn its application for a loan guarantee through the New Hampshire Business Finance Authority (NH BFA). Despite collectively working with all parties for several months to find a collaborative solution to advance a $28 million Tax Assessment Bond with a State of New Hampshire Loan Guarantee, the conditions ultimately required by the Authority do not allow SCU and the Balsams to proceed.” Read the full Press Release here.
June 13th, 2018
“Included in the NH BFA application are a work force study commissioned by PolEcon Research and an appraisal/feasibility study by CBRE Hotels on the value of the improvements that will be made to the Balsams’ property, and the overall feasibility of the redevelopment plan presented.” Read the full background here.
June 13th, 2018
DIXVILLE, NH – “The Balsams redevelopment team on Tuesday announced they are asking the N.H. Business Finance Authority, which is reviewing the team’s application to determine whether to recommend a $28 million state-backed loan, for more time.” Read the full article by the Caledonian Record.