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Fox Ridge Resort, located at 1979 White Mountain Highway in North Conway has operated seasonally during the warmer months since the 1990s. New owner Ashok Patel has said he plans to renovate and run it year-round. (BRETT GUERRINGUE PHOTO)

CONWAY — Ashok Patel — developer of the Home2Suites hotel project at the juncture of Routes 16 and 302 — said Monday his company is buying the Fox Ridge Resort from Red Jacket Resorts of North Conway and South Yarmouth, Mass.

“We will renovate it and open it year-round,” said Patel, vice president of development for Jamsan, of Lexington, Mass.

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The North Conway Grand hotel (foreground) is seen on Feb. 24, 2015. (FILE PHOTO)

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