Convention center agreement approved - WSFA.com Montgomery Alabama news.

BREAKNING NEWS

Convention center agreement approved

Posted: Updated:
  • More newsMore>>

  • Study: 35 percent in US facing debt collectors

    Study: 35 percent in US facing debt collectors

    Tuesday, July 29 2014 1:25 AM EDT2014-07-29 05:25:07 GMT
    More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute.More >>
    More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute.More >>
  • Teacher hit by train expected to make full recovery

    Teacher hit by train expected to make full recovery

    Tuesday, July 29 2014 12:53 AM EDT2014-07-29 04:53:08 GMT
    Officials at the Smiths Station Fire Department say the victim, later identified as Vivian Martin, was transported to Midtown Medical Center with what appeared to be non life-threatening injuries.More >>
    Multiple sources tell News Leader 9 that a Smiths Station teacher was hit by a train earlier today in Lee County.

    Officials at the Smiths Station Fire Department say the victim, later identified as Vivian Martin, was transported to Midtown Medical Center with what appeared to be non life-threatening injuries.
    More >>
  • Foul play not ruled out in fatal Wilcox County blaze

    Foul play not ruled out in fatal Wilcox Co. blaze

    Tuesday, July 29 2014 12:23 AM EDT2014-07-29 04:23:03 GMT
    Mable Davis could do nothing but watch as flames devoured the home across the street, where her sister, Patricia Nickelson had been staying with her long time boyfriend. He got out of the burning houseMore >>
    Multiple calls and email to the WSFA 12 Newsroom took our news crews to the town of Camden. Two recent deadly fires there have many in the community on edge. The families of the victims want answers.  Are the fires related?  Do authorities suspect arson? WSFA took their questions to county and state officials.
    More >>
TYLER, TX (KLTV) -

The Tyler City Council is closer to bringing a new conference center hotel to Tyler. 

Back in June, KLTV told you about the proposed project that developers said would attract thousands of conferences a year, money Tyler has missed out on in the past. 

City officials said for the last 25 years, the have brainstormed the possibility of bringing a conference center hotel to the city.

Tom Mullins is the president of the Tyler Area Chamber of Commerce. Mullins said the project could have been bringing major dollars.

"Over 20 years? I'm sure we've lost millions of dollars of potential tourism income, convention center income we could have had, had we had the facility in place," explained Tom Mullins. 

Which is why Mayor Barbara Bass and other city officials are excited about moving forward with Garfield Traub Development, L.L.C. , a company hired as independent consults to assist the city with upcoming the project phases. 

"It is because of their years of experience and their depth of knowledge that they were considered and were the ones who ended up being selected for this project," Mayor Bass explained. 

Garfield Traub Development, L.L.C. will assist the city with further pre-development activities and potential document negotiation, design, financing, construction, and operation of a conference center/hotel in partnership with a third party. 

The numbers for the facility are far from concrete, but Mayor Bass said the hotel could cost around 40 to 50 million dollars while the conference center is estimated at 15 to 25 million dollars. 

"It will be approximately one third funded by the city because we will only pay for the convention center and two thirds funded by the hotel group," said Mayor Bass. 

The proposed conference center hotel is anticipated to generate $600,000 per year in new hotel occupancy tax income of the city, in addition to new sales tax revenue, property taxes and operating income. 

"By having a conference center/hotel we can bid on for larger conferences, larger groups to come into Tyler stay sometimes a week at a time, that will have a big economic impact on Tyler's bottom line," Mullins said. 

Mayor Bass said if everything goes smoothly, construction could begin around September of 2014. 

Copyright 2013 KLTV. All rights reserved.

Powered by WorldNow