Convention center agreement approved - KTRE.com | Lufkin and Nacogdoches, Texas

BREAKNING NEWS

Convention center agreement approved

Posted: Updated:
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.

  • East Texas NewsMore>>

  • Texas man's life celebrated in Lufkin Mural

    Texas man's life celebrated in Lufkin Mural

    Friday, August 1 2014 12:20 AM EDT2014-08-01 04:20:32 GMT
    Source: KTRE StaffSource: KTRE Staff
    Durell Gray is one of a few people whose picture graces a wall in downtown Lufkin. His picture sits at the corner of Frank and First Street.So how did the now 86-year-old man get his picture painted on a wall scene by hundreds every day? It all started while Gray worked as a lineman for the Lufkin Conroe Telephone Company. He said one day he received a letter in the mail from his employer asking for his help."They contacted us asking us if any lineman had picture with their gear on," Gray sai...More >>
    Durell Gray is one of a few people whose picture graces a wall in downtown Lufkin. His picture sits at the corner of Frank and First Street.So how did the now 86-year-old man get his picture painted on a wall scene by hundreds every day? It all started while Gray worked as a lineman for the Lufkin Conroe Telephone Company. He said one day he received a letter in the mail from his employer asking for his help."They contacted us asking us if any lineman had picture with their gear on," Gray sai...More >>
  • Puppies found in hot car, up for adoption

    Puppies found in hot car, up for adoption

    Thursday, July 31 2014 8:36 PM EDT2014-08-01 00:36:40 GMT
    The six pit bull puppies found in a hot car on Monday will soon be put up for adoption.More >>
    The six pit bull puppies found in a hot car on Monday will soon be put up for adoption.More >>
  • Hudson couple builds family home out of Styrofoam

    Hudson couple builds family home out of Styrofoam

    Thursday, July 31 2014 8:10 PM EDT2014-08-01 00:10:51 GMT
    The start of the Cockrell's family home The start of the Cockrell's family home
    A Hudson couple is taking a unique spin on home building by using an environmentally friendly method to build their family home.More >>
    A Hudson couple is taking a unique spin on home building by using an environmentally friendly method to build their family home.More >>
Powered by WorldNow
KTRE logo

KTRE

358 TV Road,
Pollok TX 75969

FCC Public File
publicfile@ktre.com
936-853-8639
EEO Report
Closed Captioning

All content © Copyright 2000 - 2014 Worldnow and KTRE. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.