Town of Ber­wick study­ing po­ten­tial devel­op­ment of branded, mid-scale ho­tel

Con­sul­tant ex­plor­ing fi­nanc­ing, se­cur­ing brand, op­er­at­ing firm

Annapolis Valley Register - - FRONT PAGE - BY KIRK STARRATT KINGSCOUN­TYNEWS.CA BER­WICK, N.S.

If it comes to fruition, it’s a pro­ject that could make a huge eco­nomic im­pact on the Ber­wick area.

At the town’s an­nual Christ­mas reception at the Kings Mu­tual Cen- tury Cen­tre (KMCC) on Nov. 29, ef­forts to bring a ho­tel devel­op­ment to the area were out­lined.

Ber­wick town coun­cil com­mis­sioned CBRE Ho­tels to con­duct a study in Septem­ber 2017. In its fi­nal re­port pre­sented in April, CBRE rec­om­mended a “branded, mid­scale, lim­ited ser­vice ho­tel would be most ap­pro­pri­ate for de- vel­op­ment in Ber­wick.”

Sev­eral na­tional brands were ap­proached with the idea and there was in­di­ca­tion that some would be in­ter­ested in ex­plor­ing the op­por­tu­nity. In Septem­ber, coun­cil en­gaged a con­sul­tant with con­sid­er­able ex­pe­ri­ence de­vel­op­ing ho­tels in At­lantic Canada, Clark Squires and As­so­ciates. Squires was tasked with ex­plor­ing in­vestor in­ter­est, fi­nanc­ing, a ho­tel brand and po­ten­tial lo­ca­tions.

Squires said a ho­tel for Ber­wick could soon be a re­al­ity. Dur­ing the past two months, he and his as­so­ciates have “been mov­ing for­ward on fi­nanc­ing, se­cur­ing a brand and an op­er­at­ing firm.”

Newspapers in English

Newspapers from Canada

© PressReader. All rights reserved.