A major hotel may be coming to Galion after City Council passed legislation establishing a Tax Increment Financing (TIF) district for the project, the Galion Inquirer reports. The hotel, a 70-bed Sleep Inn & MainStay Suites, would be built on “three acres of now-vacant property on Brandt Road near state Route 598,” and would cost $5.5 million, according to the article. Galion Mayor Tom O’Leary confirmed that the city will not pay for the project, saying, “[t]he money that is going to go into this is going to come from new taxes that are paid by the developer”; a portion of those taxes will be directed to pay for the infrastructure for the project. Officials with the developers said they hope to start construction in January 2016 for the upper mid-scale hotel, a “new dual and prototype brand that [Choice Hotels] launched a couple years ago.” For more, read the full article.
Galion approves TIF district for $5.5 million hotel project
