Tuesday, February 12, 2013
IRVING PAVES WAY FOR CONVENTION HOTEL
IRVING (Dallas Morning News) – The city's convention center could be on track to get a hotel thanks to an incentive package approved yesterday by the city council.
If things go according to plan, Mortenson Development Inc. will break ground in October on an estimated $90 million Marriott or Starwood. The hotel would have at least 350 rooms and a 10,000-sf ballroom.
For its part, the city would spend $9 million on a connecting sky bridge, parking garage and infrastructure. In addition, the hotel would receive up to about $19 million in city and state tax rebates over the next 20 years.