New attraction at Cave of the Winds highlights larger redevelopment of Niagara Falls park

From 88.7 WBFO: A new attraction has opened at the Cave of the Winds in Niagara Falls, offering guests a year-round facility to learn about the natural wonder’s history. It’s also the latest completed project in an overall $70 million investment to update Niagara Falls State Park. See also: NY Real Estate Law Blog –…

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Niagara Falls shouldn’t build new convention center for at least 6 years, consultant says

From the Buffalo News: A Minneapolis consulting firm says Niagara Falls shouldn’t bother erecting a new multi-use facility for sports, conventions and concerts until it beefs up its off-season tourist attractions. The draft report, obtained by The Buffalo News, says the city and Niagara County should wait at least six years to wait for investments…

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Council approves application for hotel towers

From the Niagara Falls Review: City council gave the green light on two, 38-storey and one, 56-storey hotel developments on Robinson Street that represent about $600 million worth of investment. Canadian Niagara Hotels, the company behind the project, said each tower will cost between $180 million to $200 million, while the team’s agent, Michael Kirkland,…

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$7M upgrade at ‘here to stay’ Casino Niagara

From the Niagara Falls Review: A $7-million upgrade to Casino Niagara expected to be completed by mid November is another example the facility — which originally was meant to be temporary — is “here to stay,” says Niagara Casinos president Richard Taylor. “The property was starting to get a little bit tired, and it was…

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$7M Casino Niagara project underway

From the Niagara Falls Review: Casino Niagara has started the next phase of a $7-million investment it says will “deliver an elevated” gaming and entertainment experience for all visitors. The current phase of the project focuses on a transformation of the second level into a destination for sports fans, food enthusiasts, entertainment seekers and visitors….

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Mini makeover for Casino Niagara’s 20th birthday

From Niagara This Week: Casino Niagara is in line for a little sprucing up. Richard Taylor, Vice-President of Operations for Niagara Casinos used the occasion of the gaming facility’s 20th birthday to announce that Falls Management Company would be pumping $7.1 million into new gaming technology and facility improvements “This investment will help us lead…

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WFOL grows in illuminations, visitors in 2015-16

From the Niagara Falls Review: This past season provided a “perfect recipe” for the Winter Festival of Lights to “really shine,” says program director Tina Myers. “Fabulous” weather, a favourable U.S. currency exchange and the investment of $2 million into lighting, infrastructure and new technology ensured the festival “kicked butt” in 2015-16, she said. The…

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Niagara Falls project spurred by Chinese investment

From WBFO: The Chinese government is supposed to put up the first $100 million toward a billion-dollar development in Niagara Falls, Ontario. That’s from Falls Mayor Jim Diodati who leaves for Beijing this morning for talks on the planned project. It’s been publicly in the works for months, a mix of residential, tourist and wetlands…

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Hotel Niagara sale expected by end of summer

From the Niagara Gazette: After May reports that the Hotel Niagara’s sale would finalize in June, undisclosed delays have pushed the closure date to the end of summer. In addition, an invitation obtained by the Niagara Gazette this past week advertises a “rare investment opportunity” at the historic Hotel Niagara, with recipients invited to consider…

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