Of course, with the help of more tax subsidies;
City officials announced that Fairway Suites will develop a hotel on the southeast side of Elmwood Golf Course.
The City and Fairway Suites will begin negotiations on a lease agreement for the proposed site. A final agreement would then need to be approved before a project could proceed.
“We are very pleased to be working with the City of Sioux Falls to develop a hotel on the Elmwood site,” says Brian Burton, Chief Operating Officer for Fairway Suites, LLC. “With the opening of the new Denny Sanford PREMIER Center and efforts focused on the redevelopment of the surrounding area, we feel that the long-term outlook for the location is very promising.”
While I am not opposed to leasing the land to the hotel, the city in no way shape or form be involved with subsidizing or building this facility. The city should not be in the business of providing lodging. We have already given away millions (TIFs & River Greenway bulk head) to the DT Hilton. This a prime example of why hand-out Mike and his team (Smith) need to go.