How could the new extended-stay hotel development affect the city council?
New hotel development near Taco Bell requires city council approval and funding The development of a new $10-million, 69-room Best Western Plus hotel, located east of Taco Bell in Olney, is proceeding following municipal approval. The city council has already issued a building permit for the site. Furthermore, the council agreed to pay half of the $1,500 cost for a consultant to conduct a hotel feasibility study in mid-2025, demonstrating its direct involvement in facilitating the project.
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How it reaches city council
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Site preparation has begun for a new $10-million, 69-room Best Western Plus extended-stay hotel in Robinson, located east of Taco Bell in Olney. The hotel, which will be operated by Neil and Kiley Borgic, is scheduled to open in December 2027. The city council previously agreed to pay half of a feasibility study for the project.
The full event1independent outlet -
The construction of the new extended-stay hotel, which is located east of Taco Bell, requires local governmental approval. The city council has already issued a building permit for the project, and they also agreed to contribute half of the $1,500 cost for a feasibility study.
1 report connects these two. Brind only summarizes; follow a link to read the reporting itself.
- hometownregister.com Oct 13
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The facts so far
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- A building permit has been issued for the new extended-stay hotel.hometownregister.com
- The hotel is a $10-million, 69-room Best Western Plus.hometownregister.com
- The council agreed to pay half of the $1,500 cost of a feasibility study.hometownregister.com
Why it matters
The approval and support provided by the city council are critical for local economic growth. The hotel is anticipated to generate about $105,000 in tourism tax revenues in its first year, and is expected to pump an additional $550,000 into the local economy annually.
This development is part of a broader trend of change in the area, which also includes plans for a new housing development (Parkview Estates) and the construction of a replacement liquor store, indicating a period of significant municipal activity and growth.
What we don't know yet
- What specific infrastructure changes will the hotel development require from the city?
- How will the new hotel impact local traffic patterns near Taco Bell?
What would change this answer
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About Boards and Commissions
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Reporting
- hometownregister.comOct 13
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