Local News

Jul 16, 2013 6:30 PM

Downtown Hotel Developer Granted Tax Abatements

CORPUS CHRISTI - City council approved tax abatements for a new hotel to be built downtown along the bayfront. The high-end boutique hotel planned for the corner of Water and Born Street will contain 54 rooms.

The developers will receive a $4.7 million tax abatement over an 8 year period. Construction on the hotel is scheduled to begin within the next 90 days.

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