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Old Posted Apr 20, 2017, 9:47 PM
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SpongeG SpongeG is offline
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Join Date: Jun 2006
Location: Coquitlam
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New Nanaimo hotel

stumbled across this...

New Front Street hotel

A new six-storey hotel is planned for 15 Front Street with a total of 90 rooms with ground floor commercial space.

The City is recommending that the new hotel get a 10 year tax break.

This is part of the Revitalization Tax Exemption agreement to encourage development in the City. A tax break would give the owner a savings of $202,600 per year.

If the City approves this then the owners have to build the hotel by 2020.

...



now


http://midislandnews.com/
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