What we learned from a newsy city council meeting — including the reasons members opted to reduce the penalty for future blown deadlines at Hotel Royer (from $500,000 to $150,000),
Haaris Pervaiz with Icon Hospitality told The News-Gazette that company would like to be open "much sooner than Dec. 31", and they expect this to be the final extension.
Haaris Pervaiz with Icon Hospitality told The News-Gazette that company would like to be open "much sooner than Dec. 31", and they expect this to be the final extension.
Urbana Mayor Diane Marlin said the city received an update from the developer late last week. Without going into detail, she said, "we’ll evaluate the information, finish a financial analysis
It s the third time in six months that the date — which is set by the hotel chain, not the developer, Marquis Ventures officials say — has been pushed back.