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GCEDC approves incentives for revamped hotel with indoor water park in Batavia
GCEDC approves incentives for revamped hotel with indoor water park in Batavia
The Genesee County Economic Development Center board of directors advanced five projects totaling some $582.5 million of investments at its board meeting earlier this week.
The board approved final incentives for a $12 million tourism hospitality project led by 8250 Park Road LLC.
The entity has proposed investing $12 million for extensive renovations to the Quality Inn & Suites and Palm Island Indoor Water Park.
The tourism and hospitality facility will become an 80-room Holiday Inn and 80-room Candlewood Suites with upgraded hotel rooms, lobby area, event spaces, water park and on-site restaurant. The new facility is anticipated to create 38 new full-time jobs.
8250 Park Road LLC requested property, sales and mortgage tax assistance of roughly $1.197 million and is estimated to generate $32 of local payroll and tax revenue for every $1 of requested assistance.
The board also accepted initial applications from Hecate Energy Cider Solar LLC for a proposed $550 million utility scale solar project in the towns Elba and Oakfield and for community solar projects in the town of Batavia and LeRoy totaling $20 million.
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