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Hotel Sterling Site Redevelopment

Sector: Commercial • Location: Wilkes-Barre, Pennsylvania, United States

Source: Wilkes-Barre Citizens' Voice

Project
Project Relocated

A proposed redevelopment project for the former Hotel Sterling site in downtown Wilkes-Barre, Pennsylvania. Initially planned as a $35 million Hyatt Place Hotel and Convention Center, the project was delayed due to the COVID-19 pandemic and increased construction costs. The developer has shifted the hotel and convention center project to a different location, converting an existing building at 46

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The project “Hotel Sterling Site Redevelopment” is an infrastructure initiative in the Commercial sector, located in Wilkes-Barre, Pennsylvania, United States. Taiyo aggregates data on it from Wilkes-Barre Citizens' Voice.

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Participants

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project relocated

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Description

Description

A proposed redevelopment project for the former Hotel Sterling site in downtown Wilkes-Barre, Pennsylvania. Initially planned as a $35 million Hyatt Place Hotel and Convention Center, the project was delayed due to the COVID-19 pandemic and increased construction costs. The developer has shifted the hotel and convention center project to a different location, converting an existing building at 46 Public Square, and plans to sell the Hotel Sterling site. The site is zoned for central commercial use with restrictions on certain types of businesses. The project had received $7 million in Redevelopment Assistance Capital Program grants, with ongoing discussions about the transfer of funds and potential local incentives to support future development on the site.

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Source reliability

High

Data quality score

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Source

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URL

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More Details

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