A $25 million Home2 Suites by Hilton is planned for San Bernardino’s entertainment corridor, and while the approval process still is in its infancy, Greens Group, the Irvine-based developer behind several sleek new hotels in downtown Riverside and elsewhere in the region, anticipates breaking ground in June 2020.

Planned for a vacant lot near the California Highway Patrol office on East Brier Drive in the Hospitality Lane commercial corridor, the 120-room hotel would generate more than $500,000 a year in transient occupancy tax alone, said Atman Kadakia, Greens’ managing principal.

Additional fiscal benefits, including property and utility taxes, would generate another $250,000 annually for the cash-strapped city, Kadakia said.

The Home2 Suites by Hilton would be Greens’ first hotel in San Bernardino.



Read More At Article Source | Article Attribution