NIAGARA FALLS, N.Y. (WIVB) — A $35.7 million hotel project in downtown Niagara Falls is being delayed yet again.
The Hamister Hotel project has been a topic of discussion for the past few years, but a groundbreaking has yet to happen and it could still be a while before there is any action at the Rainbow Boulevard site.
There’s still an empty space at the site and signs that say coming soon- but on Wednesday the Niagara County Industrial Development Agency extended tax breaks for the project for six months.
Those incentives were given to the Hamister Group last year, and were going to expire by March 31.
Now that those incentives are extended, IDA Board Chairman Henry Sloma said that would prevent any other developer from taking over the project during that time.
He also said it’s not unusual for a project of this size to take a while to get off the ground, but if no action is taken after six months, he says it’s time for a serious sit down discussion about the future of the project.
Niagara Falls resident Casey Shelnut said, “They definitely should hurry up and do something with it. It’s kind of an eye sore looking at that lot. I think a lot of the tourists would definitely book over there cause I see a lot over there where I live at but I don’t know if they would ever have a lot of rooms filled.”
Sloma said that the Hamister Group is still looking for outside funding for the project. He also said the 6 month extension comes at no cost to tax payers.
News 4 reached out to the Hamister Group for comment, but phone calls have not been returned.