An artist’s rendering of the proposed hotel at Twin River. Submitted photo.
By Kim Kalunian, WPRO News
Twin River says they’re not looking for tax breaks or state money for their proposed hotel.
According to a PowerPoint presentation set to be delivered by Chairman John Taylor to the Lincoln Town Council Tuesday evening, the casino will not seek concessions, subsidies, or tax breaks, and they would not seek state money to construct the hotel.
The casino says, once approved, the hotel would be built over the course of a roughly a year, and cost $30-35 million. Twin River says the construction process would create 200 jobs, and the hotel would require 100 new employees.
Twin River says most of their customers travel more than an hour to play the slots and table games, and believe the hotel would help them maintain a competitive edge with new casinos popping up in Massachusetts.
“It’s critical for the State and the Town that Twin River remain competitive and that revenue and jobs are preserved,” Taylor said in a statement issued last month when the plans for the hotel were announced. “We see the addition of a small hotel as a valuable amenity and one we would very much like to further explore.”
First Taylor must convince both the state and town to get on board: the state needs to lift a law prohibiting the construction of hotels on casino property, and the town needs to alter zoning ordinances.
The casino says they want it to be a “comprehensive and collaborative public process.”
