Tuesday, November 30, 2010

$200M venture proposed for N.F., Ont. - Houston Business Journal:

http://www.sbscpagroup.com/blog/indiana-department-of-revenue-targeting-those-who-do-not-pay-sales-tax/
In a plan that’s been workingv its way through theCanadian city’s municipal departments since late last prominent hotelier and developer Tony Zappitelli and his has unveiled plans for three high-rise hotels alongh Stanley Avenue. The tallest of the three towersa couldbe 57-stories, with a 42-story and 32-story hotekl also in the mix. Condominiums or apartments may replaced some of the hotel depending onfuture developments, Zappitellu said. Zappitelli pegged the total development costat “anywherwe between $200 million and $300 The project will be privately funded.
The Niagarsa Falls Common Council agreed to permitthe development, but several othef municipal approvals are also needed before construction can Work could start by later this year or early 2010. The 7.4-acre Stanley Avenue site is part of the Loretto Christian Life Centre campus that Romzal acquired threeyears ago. The portionzs of the historic, 148-year-old religiou s center will remain as part of the agreement Zappitellik crafted with Niagara Falls The Loretto property is just soutjh of the proposeddevelopment site.
The site is near the Niagaraq Falls Convention and CivicCentr that’s under construction and due to open in April 2011 and less than one-halfd mile from the Hilton and Niagara Fallsview Casino Resort. The project will add several hundred hotel roomw toNiagara Falls’ stock of more than 14,000 hotepl rooms. Niagara Falls has the thirc most number of hotel room sin Canada, trailing only Toronto and

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