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Collier board authorizes staff to negotiate development agreement with Great Wolf Resorts

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Photo by Engin Akyurt from Pexels
 
Collier County commissioners this week unanimously agreed to authorize county staff to negotiate a development agreement with Great Wolf Resorts Inc. after they accepted a market and financial feasibility study with a cost-benefit analysis for the proposed local project from Hunden Strategic Partners Inc. The board would subsequently consider the incentive agreement and the company’s proposal for a 550-room Great Wolf Lodge resort with an indoor water park and conference center on 20 acres in the City Gate Commerce Park next to the new Paradise Coast Sports Complex, east of Collier Boulevard and north of Interstate 75’s Alligator Alley. The Chicago-based chain of nearly 20 family resorts is seeking $15 million to $20 million in county incentives to help with the initial construction fees and land purchase for the nearly $235 million development project but plans to fully pay back the county within three to five years.
 
Published: Feb. 24, 2021

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