MGM finalizes purchase of 2 Springfield properties

Published August 1, 2014 8:57pm ET



BOSTON (AP) — MGM Resorts International has taken ownership of two city-owned properties in downtown Springfield as it plans to build an $800 million casino there.

City and casino officials confirmed Friday that the Las Vegas-based casino giant closed on the former Zanetti School and the historic Springfield State Armory building Thursday. The final purchase price was $3.2 million — or $1.6 million for each building.

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