An excavator sits on a vacant lot located at 100 Gordon St., across from the Vancouver Island Conference Centre. PEG Developments is planning to build a $23-million, 172-room, nine-storey Courtyard by Marriott hotel on the property and will hold a groundbreaking ceremony on Jan. 29. (Greg Sakaki/News Bulletin)

Downtown Nanaimo hotel groundbreaking ceremony set for month’s end

PEG Developments’ planned ceremony scheduled for Jan. 29

After months of delays, the company behind a planned downtown Nanaimo hotel is ready to break ground.

Utah-based PEG Developments announced in a press release that it will be holding a groundbreaking ceremony on Jan. 29 for its proposed $23-million, nine-storey Courtyard by Marriott hotel at 100 Gordon St., a vacant piece of land across from the Vancouver Island Conference Centre.

The ceremony will begin at 10 a.m. and includes “project updates,” comments from local city leaders as well a “tribute” to the Snuneymuxw First Nation, the release notes.

PEG bought the Gordon Street property from the City of Nanaimo in 2017 and construction on the hotel was expected to begin in 2019, but had been delayed repeatedly due to rising costs.

It’s not the first time a ceremony has been held on the vacant property. SSS Manhao International Tourism Group held an official ribbon-cutting ceremony for a planned 21-storey hotel on the same property, but in 2015, SSS Manhao pulled the plug on the project and sold the land back to the city.

RELATED: ‘We are all worried:’ Downtown hotel developers to meet with City of Nanaimo

RELATED: Downtown Nanaimo hotel project facing deadlines

RELATED: Developer of downtown Nanaimo hotel hopes to begin construction by November

RELATED: Downtown Nanaimo hotel project moving forward







nicholas.pescod@nanaimobulletin.com 
Like us on Facebook and follow us on Twitter and Instagram

 

Just Posted

Ferry riders say lower fares are what’s most needed to improve service

Provincial government announces findings of public engagement process

The secret life of tadpoles

Vancouver Island photographer Maxwel Hohn’s documentary traces the ‘big little migration’ of western toad tadpoles

Nanaimo country singer releases new music video

‘Adrenaline’ is the second single from Joel Lee’s upcoming debut EP

From Nanoose Bay to the bookshelf, Howard the Gnome now a children’s book

Vancouver Island author explores Howard’s move down-Island

Exploring the mystery of a scooter-free YYJ

Victoria should be a ‘no brainer’ for e-scooter program, say company executives

3 new deaths due to COVID-19 in B.C., 139 new cases

B.C. confirms 40 ‘historic cases,’ as well

Water supplies declared safe in wake of major tire fire near Ladysmith

Concerns about water quality arose after Sept. 10 scrap yard fire at Schnitzer near Nanaimo Airport

Hundreds march against location of Duncan safe injection site

A Voice for Our Children opposes centre being near schools, recreation sites

Suspect robs store, stabs clerk in Courtenay

Comox Valley RCMP are looking for suspect in Ryan Road incident

Metchosin inmate sentenced to 12 months in jail for escaping custody

Sentence to be served concurrent to a life sentence he was already serving

Accused in Makayla Chang’s murder sees next court date in October

Steven Michael Bacon faces first-degree murder charge in killing of Nanaimo teen

Conservation officers free fawn stuck in fence in Nanaimo

Fawn was uninjured after getting caught in fence in Hammond Bay area Wednesday

Nanaimo senior defrauded out of $14,000 in ‘grandson scam’

80-year-old victim was told her grandson was out-of-province and in legal trouble

Supreme Court Justice Ruth Bader Ginsburg dies at 87

The court’s second female justice, died Friday at her home in Washington

Most Read