I just saw this thread so i will put my comment here as well:
I look at it like this $75 million comprises Phase 1 & 2 of hotel, water park and parkade.
Phase 1 - 125 room hotel - $15-$20 million
- Water park - $15 - $20 million
Phase 2 - 125 room hotel expansion - $10 -$15 (most amenities would be in first phase)
- 400+ stall parkade - $15 - $20 million
Money gets pretty thin with all of those components. I am not expecting anything Forks worthy here but we should all reserve judgement until we get the first render.
....just a note, on the CanadInn website for Grand Forks it lists the water park there as 40,000 sq ft. So essentially what we are going to get here is a glorified hotel water park. This will be nothing like a destination water park like WEM. Another example is the Water Park of America in Minneapolis that we really liked, is 70,000 sq ft. This is a great hotel water park but again not a destination water park. I feel that 50,000 sq ft is too small but then again i am not footing the bill. I think i would feel differently if it weren't being touted as Winnipeg's water park instead of just a new hotel with a great water park.
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"But a city can be smothered by too much reverence for its past. The skyline must keep acquiring new peaks, because the day we consider it complete and untouchable is the day the city begins to die." - Justin Davidson - May 2010 Issue of New York
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