Eureka Casino Resort, Nevada-based resort casino company owned by its employees, purchased the 75-acre Seabrook Greyhound Park for $11 million, according to Rockingham County records.

The 90,000-square-foot, single-story main facility was built in 1973 as a destination for live racing, off- track betting and charitable casino gaming. The property is assessed for $5.77 million, according to Seabrook land records.

According to an announcement from Eureka, the sale was inspired by personal connections Chairman Greg Lee and COO Andre Carrier have to New Hampshire. Lee was a graduate of St. Paul’s School in Concord and Carrier’s family still resides in Mount Washington Valley.

“Greg and I love the land and location of Seabrook Park as well as the business opportunity,” Carrier said in a statement. “We think we are able to bring some new energy to race wagering and our approach to business is really aligned with the charitable casino model in place in New Hampshire. We foresee doing a lot of good here while having a lot of fun.”

Eureka’s announcement stated the company planned to begin improvements on the facility right away, with construction starting Feb. 4. Eureka plans to transform the entire facility into “the region’s premier gaming, entertainment, and food and beverage destination,” with the first full phase of development completed by August 2019.