First re-branded Marriott hotel to be built in Yonkers.The Yonkers Industrial Development Agency announced that it has given preliminary approval, pending a final resolution by the IDA Ida (ē`dä), city (1990 pop. 91,859), Nagano prefecture, central Honshu, Japan, on the Tenryu River. It is an agricultural market and railway junction. board, for an affiliate of True North Hotel Group to develop a new, full-service Residence Inn by Marriott Residence Inn by Marriott is a brand of extended stay hotels. The chain was launched in 1977 in Wichita, Kansas by Jack DeBoer, and acquired by Marriott International in 1987. As of April 2005, there were over 450 Residence Inn hotels in the United States, Canada and Mexico. Hotel at 7 Executive Boulevard. Construction of the upscale, extended-stay hotel will commence in late 2005, with completion scheduled for late 2006. The development will be the first full-service, extended-stay hotel to be built in the city in recent history. It will meet a growing demand being voiced by the increasing numbers of travelers who conduct business in Yonkers. Mayor Philip A. Amicone, who also serves as IDA chairman, said, "The economic engine of Yonkers is now running in high gear. At long last, business people and visitors alike will have full service accommodations provided by a hotel with a top notch, world-renowned flag." The IDA will provide economic development incentives to the developer in the form of a partial real property tax abatement A reduction, a decrease, or a diminution. The suspension or cessation, in whole or in part, of a continuing charge, such as rent. With respect to estates, an abatement is a proportional diminution or reduction of the monetary legacies, a disposition of property by will, when through a P.I.L.O.T. (payment in lieu of taxes) agreement, an exemption from sales and use tax Sales and use tax refers to:
The project is expected to create 200 construction jobs and 40 permanent jobs. The hotel, designed by Group One, Inc., will be a six-story tower with 114 guest rooms comprising 70 studio units, 28 one-bedroom units, nine two-bedroom units and seven handicap accessible units. It will feature an indoor pool and spa on the ground floor, a fitness center and a meeting room. Ample outdoor parking is also planned for the site. The property will be developed on a vacant, privately-owned land parcel just east of Route 9 at the city's northern edge. The hotel will be among the first in the nation to be constructed according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Marriott's brand new "Gen VII" specifications, expected to be officially rolled out by the corporation later this year. The new Residence Inn design has high appeal for extended-stay travelers. Defined by bold red interior finishes and furnishings, as well as a signature, oversized o·ver·size n. 1. A size that is larger than usual. 2. An oversize article or object. adj. o·ver·size also o·ver·sized Larger in size than usual or necessary. headboard, the Gen VII suite clearly defines areas for living, sleeping, cooking and dining that evoke a comfortable, at-home feeling. |
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