PALM BEACH, Fla.
A $27 million taxpayer boost could jump start Palm Beach County's convention center hotel development deal; a project that has been plagued by construction delays and corruption scandals.
Business leaders and county officials for years have pushed to build a hotel next to the convention center in downtown West Palm Beach in the hopes of luring more conferences and events. After years of stops and starts, the County Commission has granted initial approval to an updated hotel development deal with The Related Companies, led by Miami Dolphins owner Steve Ross.
The latest version of the deal calls for Related to build a 400-room Hilton hotel and a parking garage across from the City Place shopping center in West Palm Beach. Construction is expected to take a little more than two years, targeting the opening for the summer of 2015.
Courtesy of The Sun Sentinel