CANTERBURY PARK HOLDING CORPORATION COMPLETES SALE OF LAND TO SWERVO DEVELOPMENT

Construction of 19,000-Capacity Amphitheater Expected to Begin in Spring 2023 /EIN News/ -- SHAKOPEE, Minn., May 01, 2023 (GLOBE NEWSWIRE) -- Cante...

May 3, 2023
4:10 AM

Construction of 19,000-Capacity Amphitheater Expected to Begin in Spring 2023 /EIN News/ -- SHAKOPEE, Minn., May 01, 2023 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation, ('Canterbury' or the 'Company') (NASDAQ: CPHC), today announced that that it has completed the sale of 37 acres of land to Bloomington Investments, LLC, an entity related to Swervo Development ('Swervo'), for total consideration of $8.8 million. The land sold is situated adjacent to County Road 83 and Unbridled Avenue in the northeast corner of Canterbury's campus.