The deal does not include any tax concessions that would affect school board revenues. In year one, the company will pay 10 percent of the assessed property taxes, with the bill growing by 5 percent every year until the 15 years has passed. For 15 years, Great Wolf will get a break on the 40-acre property’s tax bill. Property tax abatements will offset costs. The resort must be marketed to include “LaGrange,” and city officials get some say in how the city of LaGrange will be presented in marketing. Under the agreement, Great Wolf will get 31.25 percent of the hotel-motel tax revenues to market the resort. The hotel-motel tax will also help finance marketing the resort. The Development Authority of LaGrange approved the bond issue in October. The city will own the center, but lease it to Great Wolf for $10 a year for a period of not more than 50 years. “Creating more than 600 jobs and investing more than $150 million, the economic impact from the Great Wolf Lodge Georgia operation will be felt immediately, and we anticipate additional investment in the region as operations ramp up.”Ī 16,000 square foot conference centered financed and owned by the city of LaGrange is also planned for the Great Wolf site.Ī $17 million taxpayer-backed bond will pay for the center’s construction, and the bond will be repaid using a portion of the hotel-motel tax generated at Great Wolf. “We are excited that Great Wolf Lodge has chosen LaGrange to build their newest resort,” the governor said in a statement. Nathan Deal also chimed in Thursday, saying more economic development could follow Great Wolf Georgia. The plan didn’t sit well with Peachtree City residents, who thought the resort would encroach on subdivisions and homes surrounding the site. Great Wolf had planned to spend $90 million to renovate an existing conference center on a 38.4 acre site, according to the Atlanta Journal-Constitution. In 2015, the company initially planned to build Great Wolf Georgia in Peachtree City, but the City Council denied Great Wolf’s rezoning bid. “As our company continues to expand, we could not think of a more perfect place than the location we found in LaGrange and we look forward to opening our doors to guests in just two short years.”įinding LaGrange was a cumbersome process for the Madison, Wisconsin-based resort chain, which operates 14 other resorts across North America. The 250+ million Collier County resort expected to create more than 600 jobs with its. Iconic family indoor water park resort breaks ground on its first resort in the Sunshine State. Great Wolf Lodge Splashes into South Florida. “Great Wolf Lodge Georgia will feature many of the amenities and activities our guests know and love, as well as several new experiences exclusive to this resort,” Rubén Rodríguez, Great Wolf Resorts’ CEO, said in a statement. Jason Lasecki, VP of Corporate Communications.
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