Hard Rock considering new hotel; to ask city for incentive
Published: July 23,2012
BILOXI — Hard Rock Casino officials are considering building a new 12-story hotel tower in Biloxi.
Tomorrow, they will ask the city for a tourism incentive.
The Sun Herald reports Biloxi extends the incentive to tourism businesses and agrees to forgo ad valorem tax on the improvement value for up to seven years.
The incentive doesn’t cover school or county taxes.
Hard Rock proposes a $32.5 million hotel tower with 154 rooms, including 14 suites. It would be built west of the current hotel lobby and iconic guitar sign. An enclosed walkway would connect it to the existing hotel.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Host families prepare for Mississippi Braves’ season
- Ridgeland property rights tussle is expected to have wide impact
- JOSH MABUS — Mississippi’s Healthcare: Not a quality problem, a marketing problem
- HUNTER ARNOLD: Mississippi, Gulf Coast states focus on global business markets
- Mississippi takes an incentives licking, keeps on ticking
- AWAITING ITS FATE: Gables complex may have to shrink to meet law
- Investors in Northbrook complex say Ridgeland targeting its own collateral for demolition
- PHIL HARDWICK: When will Mississippi change its culture?
- Mississippi furniture makers on rebound with more exports