New upscale hotel coming to Denison

By: Mystic Matthews Email
By: Mystic Matthews Email

DENISON, TX - It’s been months in the making and now Denison city leaders have unveiled a plan to boost Denison's economy. The announcement was made just this afternoon mystic Matthews has details about the new project and how it will benefit the area.

Denison city leaders say they plan on building an upscale hotel and conference center, capable of hosting hundreds of guests.

It will be called 'The Gateway at Southpoint' and officials promise the new facility will bring more business and jobs to the area.

The project has been in the works for more than a year and half, but county leaders like Commissioner David Whitlock have kept it quiet until now.

Whitlock says, “It's an extra big day for Grayson County, and Denison. They have been needing something like this for a long, long time."

The 17,500 square foot conference center and six-story, 150 room hotel will be built at the corner of FM 691 and Highway 75.

It is an impressive facility that Mayor Robert Brady says will bring more people to Denison. "With the hospital coming on and talk at the airport, this gives us something else to market for the area."

Officials say to support a project of this magnitude, they've entered into a public/private partnership with 2nd Century Investments and Gateway Hospitality Group.

The Denison Development Alliance unanimously approved $1,000,000 in site improvements and infrastructure and $200,000 for a five-year marketing plan.

The city council unanimously approved a five-year 100% tax abatement for the hotel and a 50% tax abatement for the property.

City Councilman Jim McClure says the city has given up some incentives to get the project here, but says it is worth it. “If you want to dance with the big boys and the big business, you'll have to help bring some of them into town."

Whitlock says, “Gateway is something we can all be proud of. Denison has been needing a shot in the arm and I'm proud to be a part of it and I think it is great."

No word on an exact date that construction is set to begin but developers expect the project to be finished by August of 2009.


You must be logged in to post comments.

Username:
Password (case sensitive):
Remember Me:

Read Comments

Comments are posted from viewers like you and do not always reflect the views of this station.
  • by Misti Location: Texoma on Apr 6, 2008 at 07:09 PM
    I think that is good news. With 289 & the improvements to the airport great things will come our way. Hopefully it won't be long before Disney starts building. There will be a need for hotels in the area.
  • by Understanding Citizen Location: Denison on Apr 4, 2008 at 01:59 PM
    To "Someone in Denison": Get your facts straight. Those big boxes went to where the traffic is, at the intersection of two highways. Do you even know our City Leaders? Get involved. Come to a Council Meeting. You will learn they are hardworking individuals that want Denison to succeed. They live here, work here and pay taxes too.
  • by someone Location: denison on Apr 3, 2008 at 03:33 PM
    This is great news for the city of Denison. I'm glad the city officials of denison actually offered this company some tax abatements. For those of you that do not know, Home Depot, Target, and a majority of the major businesses that have recently opened in Shermans' Town Center attempted to develop in Denison first, however were drove away by the lack of incentives offered by city leaders, ie.. the city manager!
  • by Lawanna Location: Denison on Apr 3, 2008 at 08:34 AM
    Amen pragmatic, over the last year the responses on these pages have shown we have uncaring, immature and uneducated citizens among us. This board can and is read by people living throughout the world. It's amazing how a football game that last 3 hours a year can cause such stupidity. If I was looking to locate a business and read this board I would either believe no way or, as you said great place for a low wage business.
  • by pragmatic Location: Sherman on Apr 3, 2008 at 05:45 AM
    Looking at a number of these posts, it's easy to see why some employers might think this is a great place for low wage businesses. If you could reserve your provincial way of thinking for Friday nights in the fall, this whole area could prosper. As some politician said during the NAFTA debates, do you want your neighbor to have a nice job and a well kept residence, or do you wish for them to be living in poverty on unkempt property. Suck it up people, we all benefit when our neighbor prospers. We don't live in a vacuum.
  • by Xoff Location: BFE on Apr 2, 2008 at 09:48 PM
    " It's a known fact that the higher paying jobs are located nearer to placers where there are places of higher education close by." <--That doesn't explain why most of the high paying automotive assembly plants are in the middle of nowhere.
  • by Anonymous on Apr 2, 2008 at 03:07 PM
    Tyson even stated a few months ago that they were having a hard time finding enough trained (ie, dependable, honest and educated) workers in this area. It's a known fact that the higher paying jobs are located nearer to placers where there are places of higher education close by.
  • by JC Location: Denison on Apr 2, 2008 at 01:52 PM
    When someone post a complaint about low wages and the quality of their writing, all caps, no punctuation and poor spelling, and I can identify a pattern of the same in several other posts, I can empirically conclude the area lacks the skill or educational base to support higher paying jobs. Not implying that EVERYONE fits that category, but it takes more than a few individuals to form a professional labor force. I don't know everything, but I can read and I can observe and can I can draw conclusions. And I too work out of the area. I made that choice and I don't whine about it.
  • by me Location: sherman on Apr 2, 2008 at 09:08 AM
    JC - Please explain how you know what type of education and occupational skills people in this area have or don't have? You seem to think you know everything according to your posts. I work outside of Sherman as well for more $$.
  • by Mork Location: Ork on Apr 2, 2008 at 08:13 AM
    Is this one of those Hotels that will rent rooms by the hour?
Sherman 4201 Texoma Pkwy (903) 892 -8123 Ardmore 2624 S. Commerce (580) 223-0946
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 17177861 - kxii.com/a?a=17177861
Gray Television, Inc.