JAMESTOWN – The Chautauqua County Industrial Development Agency has approved a tax incentives for the $30.8 million Chautauqua Harbor Hotel project in Celoron.
The hotel project will receive a tourism payment in lieu of taxes (PILOT), mortgage recording tax, and sales tax benefits from the IDA. In addition, the IDA board also approved the project’s state environmental quality review, which is required for it to move forward.
The project still needs to clear a few more hurdles before construction can start. On Monday the Celoron Planning Board will review the plans for a hotel at the village Community Center. That meeting will begin at 7 p.m.
The Celoron Zoning Board will also consider a variance for the project on Oct. 24, since the hotel is being constructed less than 100 feet from the Chautauqua Lake shoreline.
If the project is able to break ground in November, the anticipated opening date would be in spring 2018.
The hotel, which is being built by Hart Hotels out of Buffalo, will have 132 rooms, a banquet facility, pools, a bar and cocktail lounge, and other amenities.
In other action, the IDA approved an Al Tech loan for a brew pub in downtown Jamestown.
According to the Post-Journal, the IDA board approved a $100,000 Al Tech loan for Jamestown Brewery. Buffalo resident John McClellan Sr. is serving as the sole principal of Jamestown Brewery – which is planned to be a full-service manufacturing craft and farm brewery in the Lillian Ney Renaissance Center building on West Third Street, at the intersection with Washington Street. The total cost of the project is $5.2 million. The money from the loan will be used for renovations at the Renaissance Center.
The facility also received a $500,000 Main Street Anchor Grant, secured by Jamestown Renaissance Corporation, which was secured during the 2015 New York State Consolidated Funding Application process.
If the project goes forward as scheduled, it could open by summer or early fall of 2017.