Lubbock Wants to Build New Business Convention Center - KCBD NewsChannel 11 Lubbock

1/24/06

Lubbock Wants to Build New Business Convention Center

The city of Lubbock wants to build another facility to hold business conventions. They already have one at the Civic Center in Downtown Lubbock. But this one will be attached to an "upscale" hotel that is being built next to The Centre Apartments across from Jones SBC Stadium. Mayor Pro Tem Tom Martin says the city already has a plan how to pay for it all.

It looks like dirt now, but in two years, Martin says it will be a high-rise first class hotel. A hotel which will be a tax paying entity, rolling in approximately $40 million to the tax roll. With those kind of numbers, Martin says the hotel's taxes alone will pay for the brand new business convention facility. "There's no money coming in from any other source. Nobody in Lubbock is paying for it. It's simply the taxes generated on that new investment in Lubbock that will provide the meeting space along with the hotel itself."

Martin says through bond money, they also plan to expand the Civic center. It is a place where business conventions are already held. City staff says the space is usually all booked and the need for more space is there.

At Thursday's City Council meeting, the council will decide if they want to enter into an agreement with the Dallas developer.

Get More About Marsha Sharp Freeway & Other TxDot Projects
Find out the status of TxDot construction projects in the South Plains area.

  • Local News on KCBD.comNewsMore>>

  • breaking

    Trump cancels North Korea summit

    Trump cancels North Korea summit

    Thursday, May 24 2018 9:50 AM EDT2018-05-24 13:50:52 GMT
    Thursday, May 24 2018 10:00 AM EDT2018-05-24 14:00:02 GMT

    "Sadly, based on the tremendous anger and open hostility displayed in your most recent statement, I feel it is inappropriate, at this time, to have this long-planned meeting," according to a statement released by the White House on Thursday.

    "Sadly, based on the tremendous anger and open hostility displayed in your most recent statement, I feel it is inappropriate, at this time, to have this long-planned meeting," according to a statement released by the White House on Thursday.

  • Dem, GOP leaders to get classified briefings on Russia probe

    Dem, GOP leaders to get classified briefings on Russia probe

    Thursday, May 24 2018 12:42 AM EDT2018-05-24 04:42:28 GMT
    Thursday, May 24 2018 10:04 AM EDT2018-05-24 14:04:50 GMT
    (AP Photo/Jacquelyn Martin). In this May 23, 2018, photo, President Donald Trump speaks to the media before boarding the Marine One helicopter on the South Lawn of the White House in Washington. Two House lawmakers who are allies of President Donald Tr...(AP Photo/Jacquelyn Martin). In this May 23, 2018, photo, President Donald Trump speaks to the media before boarding the Marine One helicopter on the South Lawn of the White House in Washington. Two House lawmakers who are allies of President Donald Tr...

    A briefing Thursday about classified documents will be for just two Republican House members, both Trump allies, as Trump and his supporters in Congress press for information on the outside informant.

    A briefing Thursday about classified documents will be for just two Republican House members, both Trump allies, as Trump and his supporters in Congress press for information on the outside informant.

  • North Korea demolishes nuclear site ahead of Trump summit

    North Korea demolishes nuclear site ahead of Trump summit

    Thursday, May 24 2018 6:32 AM EDT2018-05-24 10:32:00 GMT
    Thursday, May 24 2018 10:03 AM EDT2018-05-24 14:03:45 GMT
    Journalists took a long journey up to North Korea to witness the destruction of what North Korea said were nuclear sites. (Source: CNN)Journalists took a long journey up to North Korea to witness the destruction of what North Korea said were nuclear sites. (Source: CNN)

    North Korea has carried out what it says is the demolition of its nuclear test site in the presence of foreign journalists.

    North Korea has carried out what it says is the demolition of its nuclear test site in the presence of foreign journalists.

Powered by Frankly