The Hills Self Storage opens in Custer and Spearfish newscenter1.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newscenter1.tv Daily Mail and Mail on Sunday newspapers.
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.
SPEARFISH â An investment firm based out of Northern Nebraska has set its sights on the Northern Black Hills as its next location for some major potential developments. Keating Resources announced Friday that it has closed on the purchase of the Deadwood Dicks building in downtown Deadwood.
The historic four-story building located at 51, 53, and 55 Sherman St., is one of the largest historic structures in town and once housed W.E. Adamsâ wholesale grocery warehouse and was known as the Adams Block Building. The property was sold by Mary Larson who owned and operated the building through its various incarnations throughout the past 40 years.