CANTON – The Hall of Fame Resort & Entertainment Co . has been granted a reprieve.
Developer Stuart Lichter, who is president of the Industrial Realty Group and president of HOFV Holdings — the entity set to purchase the Hall of Fame Resort under a merger agreement — has extended the termination date for that agreement from Sept. 17 to Sept. 30.
He issued the termination notice on Sept. 5 because the company had not gotten all creditors to agree to the merger conditions, according to U.S. Securities and Exchange Commission filings .
Hall of Fame Resort, a publicly traded company, is developing the football-themed Hall of Fame Village surrounding the Pro Football Hall of Fame.
The notice stated that IRG and its affiliates would not loan the project any additional money, but the Vill