Wyndham Hotel coming to city waterfront

Substantial development is coming to vacant city property that situated along the waterfront.

During its Tuesday meeting, City Council authorized Mayor Willie Rosas to sign a ground lease to allow developers of Erie Land Development LLC to construct a new Wyndham Hotel on Lake Shore Drive East.

The 80-plus room hotel will be located between Tim Hortons and Clarion Hotel.

A timeline set forth in the agreement details project preparation and the approval processes initiating this spring. If all goes as planned, construction of the hotel would be completed by late 2019.

Wyndham is an upscale, full-service brand with properties located in key vacation and business destinations. Hotels and resorts under the Wyndham brand are spread across 22 countries.

Rosas said following council’s unanimous approval that the lease payment will be made over a period of 25 years. With a 3.75 percent interest rate upon the agreed amount, Rosas said it will cost the developers over $1 million for the lease. Upon signing the contract, Rosas said the developers will be providing a down payment.

“We’re very excited about the hotel coming in,” he said. “We’re excited because it’s bringing the Wyndham Hotel, but it’s also bringing a restaurant and brewery. It’s something that can draw more people here to our waterfront, and that’s what we’re excited about.”

The mayor noted that a feasibility study conducted a few years ago found a need for another hotel within the city. That need is apparent with the Grand Prix speed boat race coming to the Lake Erie watefront in Dunkirk this summer.

“With the boat show, our producers reached out to the Clarion and wanted to book 120 rooms,”Rosas said. “They were able to book about 80 rooms if I’m not mistaken, so these guys are going to be looking for more rooms outside the city.”

Rosas said the Wyndham Hotel will complement the Clarion.

“I believe the Clarion will end up increasing their business because of this hotel,” he said.

When it came to voting, First Ward Councilman Don Williams Jr. acknowledged that it’s “another one of those long time comings.” Councilman-at-large Andy Woloszyn said he read the entire contract and believes it’s in the vast benefit of the city and its taxpayers.

“This is a very big deal for Dunkirk,” he said. “I think it’s great news for the city of Dunkirk, for the waterfront, for tourists and anybody who’d be coming to this area. You’ll now have options, more entertainment options and more stay-over options.”

In addition to the hotel along the waterfront, Erie Land Development LLC is also constructing the Battery Villas apartment development.

http://www.observertoday.com/news/page-one/2018/04/wyndham-hotel-coming-to-city-waterfront/

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