From NEWS
Balsams tops $26 million in real estate reservations
November 22nd, 2017
“Lead developer Les Otten said the pre-sale contracts represent $26.1 million worth of future sales at the resort. He said deposits have been received from future purchasers in 18 states, including California, Colorado and Texas as well as Ontario, Canada…He also said the project’s lead lender is moving closer to taking its next step,” Read the full article by the New Hampshire Business Review.
BALSAMS RESORT TOPS $26 MILLION IN REAL ESTATE RESERVATIONS
November 20th, 2017
DIXVILLE, NH – “More than 120 families and individuals have made a 5-percent refundable deposit towards a future purchase of a residence in the historic Hampshire and Dix Houses, the first structures to be renovated under The Balsams $170 million restoration and expansion plan.” Read the full press release here.
One North Country Developer Standing Behind Another
COLEBROOK, N.H. (November 10th, 2017)
By Robert Chapman
“I ask you all to recognize the tremendous work that has gone into this development over the years by many folks, locally and across the state. And I ask you to support Les and his team as he continues to bring this incredible project to life.” Read the full article from The Colebrook Chronicle.
Coos Planners Approve Key Balsams Hotel
September 14th, 2017
“Colebrook – Plans for a key part of the redeveloped Balsams – a hotel and conference center – are moving ahead after the Coos Planning Board unanimously approved the site plan Wednesday night.” Read the full article from In Depth NH.
COUNTY PLANNERS APPROVE BALSAMS REQUESTS
August 25th, 2017
“LANCASTER – Traffic impacts, storm water runoff, where to put the snow.
Tedious, laborious, but necessary stuff that must be determined and approved by Coos County planners if the county is to see a revitalized economy, one that right now is hinging on the redevelopment of The Balsams.” Read the full article by the Caledonian Record.
Letter to Editor About Balsams Real Estate Open Houses in News & Sentinel
August 23rd, 2017
“Dear Karen,
Recently we had the opportunity to tour the Balsams hotel and resort during one of their open houses. We were very happy to see many people who had previously worked there and were impressed by the friendly reception we received.”
Balsams developers file four site plans, construction start slated for fall
August 4th, 2017
“DIXVILLE — With construction expected to start in October, the group behind the proposed rehabilitation and expansion of The Balsams resort has filed four site plans with the Coos County Planning Board in connection with the $165 million Phase I of the project.” Read the full article by the New Hampshire Union Leader.
Balsams’ Plan Could Finally Go Before Board In July
June 29th, 2017
“The renovation of the Balsams in Dixville is moving ahead and plans for a new hotel may be submitted to the Coos Planning Board at its July 26 meeting, a company official said Wednesday night.” Read the full article from In Depth NH.
How the Balsams Resort Was Built on a Railroad Seat
June 15th, 2017
“The story of the Balsams Resort – one of New Hampshire’s great old resort hotels north of the notches – begins with a conversation between Henry Hale and George Pullman. Pullman was the engineer who designed the Pullman railway cars, which were dominant in the railroad industry from the 1860s onward.” Read the full article by the New England Historical Society.
Balsams Resort Closes in on $25 Million in Pre-sale Contracts
May 13th, 2017
“Balsams’ lead developer Les Otten said the response to the real estate offering validates his team’s redevelopment vision and fulfills a promise he made to state officials in early 2014.” Read the full article in The Berlin Daily Sun.