Developer of downtown Nanaimo hotel hopes to begin construction by November
PEG Development says construction could take 12-20 months
NICHOLAS PESCODSep. 13, 2019
An artist’s rendering of a nine-storey Courtyard by Marriott hotel at 100 Gordon St. (PEG DEVELOPMENTS image)
The developers behind a proposed downtown Nanaimo hotel are hoping to get shovels in the ground before year’s end.
Utah-based PEG Development has plans to build a $23-million 172-room, nine-storey Courtyard by Marriott hotel at 100 Gordon St. across from the Vancouver Island Conference Centre downtown.
Despite councillors approving a 10-year municipal tax exemption for the project and receiving building permits from the city in February, PEG Development has yet to begin construction.
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https://www.nanaimobulletin.com/news...n-by-november/