KNBN NewsCenter1
May 26, 2021
The resort was a popular recreation destination for 50 years before closing in 2017.
Keating Resources CEO Gerard Keating says that the 150-acre winter sports venue and lodge will reopen on December 1, 2022.
A 750-foot-long Magic Carpet Lift with an estimated cost of one-million dollars will support one of the longest tubing runs in the U.S.A.
130 fully-improved, one-to-three-acre mountainside home lots will be offered for sale beginning July 1, 2021, in a private-gated community called Deer Mountain Village.
Keating adds that the location “sells itself,” being a 15-minute drive to Deadwood and surrounded by four-season recreation opportunities.
Atkinson native sees opportunity in his hometown Follow Us
Question of the Day By JERRY GUENTHER - Associated Press - Saturday, February 6, 2021
ATKINSON, Neb. (AP) - Gerard Keating has vision for his hometown. Where others see vacant buildings, he sees opportunity.
“I believe there’s much potential for communities along Highway 20 if they invest and have vision. And that’s what we’re here to do. If people don’t step up, there won’t be anything left of rural America,” Keating said.
Keating knows about investing. The veteran real estate investor has a knack for transforming run-down properties into prosperity, including in Lincoln.
KNBN NewsCenter1
January 13, 2021
DEADWOOD, S.D. Keating Resources, a real estate investment company, has purchased the historic Deadwood building that housed Deadwood Dick’s for the last 40 years. The 34,000 square foot, four-story historic building is located at 51, 53, and 55 Sherman Street in Deadwood.
Keating Resources partner Alec Keating said that the company plans to restore the historic structure, adding rental per-night basis rental apartments on levels 2-4, and will also update the 6,000 square foot first floor with a 25-seat outdoor patio, which the company is offering up for lease.
photo courtesy: Deadwood Chamber of Commerce, via web
The company also said that they expect the space to be operated by a sports book, since South Dakotans voted in favor of the sports betting amendment back in November. Deadwood Gaming Commission officials previously stated that they estimate an annual increase of roughly $6.8 million in sports betting revenue.