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)

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)

Company behind proposed downtown Nanaimo hotel will hold groundbreaking ceremony

PEG Developments’ planned ceremony scheduled for Jan. 29

After months of delays, the company behind a planned downtown 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

 

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Seventy-four international students are expected to come to Nanaimo-Ladysmith school district for the last half of the 2020021 school year, says the district. (School District 68 image)
Nanaimo school district educating 160 international students during pandemic school year

Fifty-seven students from abroad arrived Jan. 14-18, says SD68

Rendering of two residential buildings proposed for the corner of Haliburton and Milton streets. (Matthew T. Hansen Architect image)
Two five-storey residential buildings approved for Haliburton Street

City council issues development permit for 79-unit complex at Haliburton and Milton

Ty Wesley, Nicole Darlington and Cameron Macaulay (from left) performed in the Beholder Entertainment production <em>Gender Sucks!</em> in the 2020 Nanaimo Fringe Festival. (Video still courtesy Sam Wharram)
Nanaimo Fringe Festival artist lottery open to local and B.C. playwrights

Organizers hope to stage plays in-person at indoor and outdoor venues this summer

Nanaimo RCMP investigated after a threat was made at Woodgrove Centre on Tuesday, Jan. 19. (News Bulletin file photo)
Threat directed at Woodgrove Centre, Nanaimo RCMP investigating

Officers have searched areas of the mall accessible to shoppers and have deemed it safe

(News Bulletin file photo)
Car crashes along the Nanaimo Parkway, driver abandons vehicle

Mazda with ‘extensive damage’ found in the ditch in the early-morning hours Jan. 19

Syringe is prepared with one of B.C.’s first vials of Pfizer vaccine to prevent COVID-19, Victoria, Dec. 22, 2020. (B.C. government)
B.C.’s COVID-19 caseload stays steady with 465 more Tuesday

No new outbreaks in health care facilities, 12 more deaths

Stand up paddleboarder Christie Jamieson is humbled to her knees as a pod of transient orcas put on a dramatic show on Jan. 19 in the Ucluelet Harbour. (Nora O’Malley photo)
Ucluelet paddle boarder surrounded by pod of orcas

“My whole body is still shaking. I don’t even know what to do with this energy.”

Inmates at Metchosin’s William Head Institution are being given COVID-19 vaccines as part of the first phase. Around 600 inmates will be vaccinated in the coming days. (Black Press Media file photo)
William Head prison inmates in receive first doses of COVID vaccine

Priority set for older inmates and those with underlying medical conditions

Vancouver Island University. (File photo)
Province announces funding for VIU to train mental health workers

Provincial government says pandemic has intensified need for mental health supports

A mattress on fire gutted the second floor hallway at Town Park Apartments C-block Jan. 17. (Port Hardy Fire Rescue images)
‘Suspicious’ Port Hardy apartment fire could keep tenants out of their homes for months

A burning mattress created smoke and heat, causing several tenants to jump from windows

A Courtenay resident labours to remove the snow build-up from around her car in February 2019. The area may see snow throughout the coming weekend. Black Press file photo
Snow, winter might not be done with Vancouver Island quite yet

Flurries, snow and cold temps predicted for the weekend for mid-Island

The City of Nanaimo’s Community Services Building at 285 Prideaux St., where the 7-10 Club is located, will host a warming centre seven days a week through March 31. (City of Nanaimo photo)
Warming centres for people experiencing homelessness open today in Nanaimo

City of Nanaimo and social agencies partnering on Wallace and Prideaux locations

Egg producers in B.C. aren’t obligated to reveal their production sites. (Sarah Simpson/Citizen)
Officials say there’s not enough Vancouver Island eggs to meet demand

BC Egg Marketing Board doesn’t regulate labelling, supply needed from off-Island

New Westminster TV production designer, Rick Whitfield, has designed an office in a box for British Columbians in need of a private workspace. (BC Box Office photo)
PHOTOS: B.C. man designs ‘box office’ solution for those working from home

‘A professionally designed workspace on your property, away from the distractions of home’

Most Read