
Ashtabula Tourism Growth Sparks “Destination Hotel” Project
The City Council of Ashtabula, OH has approved a 10-year, 75% tax abatement for the development of the city’s first hotel in almost 99 years. The 25,000-square-foot, all-suite River Bend Hotel will be located near the main shopping and dining district of historic Bridge Street, overlooking the Ashtabula Lift Bridge and Lake Erie.
The approval followed an independent study showing that Ashtabula was a growing tourist attraction, thanks to its wineries, lake recreation and covered bridges. However, 67% of those polled in the study cited a lack of attractive lodging options.
“Our plan is to develop a new property that will accommodate and round-out the needs of tourists to Ashtabula,” said Todd Canter, project manager and co-owner of the hotel. “Our vision is a regionally-unique destination hotel that blends beautifully into the fabric of the neighborhood and provides a stepping-off point to recreation, covered bridge tours and winery expeditions.”
For comments, questions or concerns, please contact Paul Bubny
- ◦Financing
- ◦Development