Continuing on with our reports on the new hotel in Niagara Falls, here is a report from Buffalo Business First:
2 N.F., Ont. projects on track
James Fink
Business FirstCanadian Niagara Hotels latest project will tower over Niagara Falls.
Literally.
The company, which owns hotels, restaurants and entertainment venues in both Niagara Falls, N.Y. and Niagara Falls, Ont., is moving ahead with two separate projects that represent a $200 million (Canadian) private investment and will create 1,000 jobs.
Canadian Niagara Hotels has submitted plans to Niagara Falls, Ont. officials that will see the former and long vacant Kodak Tower near the Rainbow Bridge demolished and replaced with a 59-story observation tower and accompanying 48-story, 556 room hotel.
That project is expected to debut in 2008.
At the same time, Canadian Niagara is also moving ahead with plans to construct a 90,000-square-foot indoor waterpark just behind the Brock Plaza hotel the company owns along Falls Avenue. The waterpark is slated to open in early 2006.