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Commission demands developer presentation after stalled hotel groundbreaking
Summary
After a public groundbreaking for a proposed hotel that has not progressed to construction, commissioners asked staff to bring the developers back for an on-the-record update and to explain delays and milestones; staff agreed to schedule a presentation and treat separate parcels with separate leases.
Several commissioners criticized the developer for delays after an earlier groundbreaking for a Hyatt Studio Hotel and asked staff to require an on-the-record presentation. The Mayor said the city should not hold multiple one-on-one meetings with the developer and that progress reports should be made in public to create an accurate record. One commissioner called the original groundbreaking "embarrassing" given the lack of construction.
Airport and economic-development staff said the developer is still in permitting and is negotiating a larger package; staff told the commission they would summon the developer to present design, permitting and financing milestones and discuss whether separate leases should be used for different parcels to reduce risk to the airport campus. The commission also asked for clear performance milestones and for staff to report back on options if the developer fails to meet commitments.
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