Posted Jul 19, 2018, 10:45 PM
|
 |
Registered User
|
|
Join Date: Sep 2011
Location: Dallas
Posts: 2,221
|
|
Plano approves $32M 4-star hotel next to city event center
Project Location
Quote:
A 4-star hotel is set to join the Plano Event Center by spring 2020.
Plano’s city council on Monday authorized a lease agreement with developer Tirgo LLC for five acres adjacent to the event center, where a Radisson Hotel will be constructed. A preliminary estimate for the hotel's cost is $32 million.
The lodging will connect to the event center and include 175 rooms, a full-service restaurant, a business center, exercise facilities, meeting space and the latest in hotel technology, the city said in a prepared statement.
|
Quote:
|
Plano City Council noted that the hotel will be constructed at no cost to taxpayers, as it will not grant any tax incentives for the development. That will allow the city to keep all hotel occupancy and sales tax revenues.
|
|