TILTON — Local and state leaders were on the shore of Lake Winnisquam Tuesday night for a symbolic destruction of the key ceremony to open The Lake Estate on Winnisquam, a 114-room luxury hotel on Laconia Road adorning 36 acres of lakefront property. The celebration noted the boost to the local economy through the hiring of 140 local employees, and the contracting of a Lakes Region design firm as well as local craftspeople.

“Our story is just beginning, and we are delighted you are all here to celebrate a new era of luxury hospitality in the state of New Hampshire,” said Ed Rocco, general manager of The Lake Estate, who introduced a slew of guests including Dan Dagesse, the project’s principal investor.

Dagesse shared how he became involved with the property, how it was a "labor of love,

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