An artist’s rendering of a nine-storey Courtyard by Marriott hotel at 100 Gordon St. (PEG Developments/Turner Fleischer Architects image)

Hotel developer assures Nanaimo that a groundbreaking is coming

PEG Developments reaffirms commitment to conference centre hotel

The developer behind a proposed conference hotel in downtown Nanaimo says the project is moving ahead.

Cameron Gunter, founder and chief executive officer of PEG Developments, made a brief presentation to councillors during a council meeting on Dec. 16, providing background on the project and hinted that construction could begin in January.

“We are on our way,” he said. “Our intent is with the city, is to do a groundbreaking sometime after the first of the new year.”

Gunter said PEG wants to see the Nanaimo hotel open in 2021.

The Utah-based company wants to build a $23-million nine-storey Courtyard by Marriott hotel at 100 Gordon St., a vacant piece of land across from the Vancouver Island Conference Centre. Construction on the hotel was expected to start earlier this year, but PEG has delayed the project because of rising costs. PEG is also at risk of losing its building permit for the project if construction doesn’t begin before Dec. 31.

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

RELATED: Downtown Nanaimo hotel project facing deadlines

During Monday’s meeting, Gunter said they want to see the hotel open in 2021 but didn’t provide any other specific dates or mention the looming building permit expiration. Instead, he told councillors that some site work will begin in “the meantime” and that a ceremony will definitely take place.

“Don’t think we are not going to have a ceremony, we think that is very important to be able to celebrate this long haul for all of us and you,” he said.

According to a construction timeline for the project, which is available on the city’s website, PEG plans to begin “site clearing activities” on the Gordon Street property on Boxing Day.

PEG has built a number of hotels in North America, including a Courtyard by Marriott in Prince George.

Gunter said the downtown Nanaimo hotel is similar to one of PEG’s hotels in Salt Lake City, a Courtyard by Marriott, located beside that city’s convention centre and the Vivint Smart Home Arena, where the Utah Jazz professional basketball team plays its home games.

“They are very similar size and the number of rooms,” Gunter said. “This property performs very, very well; once again it is next to the convention centre in Salt Lake City, which is a much, much larger convention centre, but still.”

Gunter believes the Nanaimo hotel will be able to generate more business for the convention centre, and tourism in the city. He also said he likes that it is close to the Coast Bastion Hotel.

“We are excited to be in a market with other hotels,” Gunter said. “This one is next to a Coast [hotel] and it is good competition for us and hopefully for them too.”

Following Gunter’s presentation, councillors asked about timelines and Nanaimo Mayor Leonard Krog said he is “delighted” to see the hotel project move forward.

“There are two projects this community would really like to see succeed quickly. One is the fast ferries and yours is the other,” Krog said. “Which is the most important, I can’t possibly comment, but let me assure you that we would welcome both to proceed in tandem.”

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

So Vancouver Island, you want to defund your police?

Examining what a nearly $10 million RCMP contract gets the people of Campbell River

Opioid crisis and COVID-19 pressing issues for mid-Island’s new medical health officer

Dr. Mike Benusic has been working in his new role with Island Health since July 2

Textured mats at Saanich intersections guide pedestrians with visual impairments

Yellow ‘tactile tiles’ make crossing busy intersections safer, District says

Vancouver Island officials can ‘only educate and encourage’ people to social distance

Leaders plead for education, as municipality lacks authority to enforce social distancing in public

Throwback: Parksville Makerspace shows off old Commodore 64 computer

Open house takes place Aug. 8, from 10 a.m. to 3 p.m.

53 new COVID-19 cases, no new deaths cap off week of high infection rates in B.C.

Roughly 1,500 people are self-isolating because they either have COVID-19 or have been exposed to it

Unofficial holidays: the weird and wonderful things people celebrate around the world

On any given day of the year, there are several strange, silly or serious holidays to observe

Missing teen visiting Courtenay found safe

She had last been seen going for a walk on Aug. 6

Need a doctor in Sooke? You may be in luck

In anticipation of recruiting more doctors, medical clinic accepting applications for a waitlist

Poles mark growing bond between BC Hydro, Campbell River First Nations

Totem poles placed on the John Hart dam site a symbol of a stronger relationship

COVID-19: Modified beach volleyball a hit in Parksville

Organizer happy to get popular summer game going

Nanaimo Fringe Festival productions adapt to new online format

10th annual festival to be live-streamed due to COVID-19

Moving on: Tanev scores 11 seconds into OT as Canucks oust Wild

Vancouver beats Minnesota 5-4 to move into first round of NHL playoffs

Gene editing debate takes root with organic broccoli, new UBC research shows

Broccoli is one of the best-known vegetables with origins in this scientific haze

Most Read