The city of Wichita Falls is one step closer to building a convention hotel near the Multi-Purpose Event Center following Tuesday morning’s city council meeting.
City leaders approved amending the budget to fund up to $300,000 for an extension agreement with Gatehouse Capital.
Now, the 4B board will begin putting agreements in place to sign the deal and start paying contractors
City officials said a full-service hotel will help bring in more conventions to the MPEC and Wichita Falls.
“A listing of about 32, if my memory is correct, events that if we have this hotel we go after like that and these are local to regional conferences,” Wichita Falls City Manager Darron Leiker said. “We’ve had communications with them in the past and they loved our facility except for not having that full service on site.”
Officials with the Wichita Falls Convention and Visitors Bureau said there are already about 37 associations, events or conventions that are willing to come to town if a hotel is built.
“Some of those event planners have already done site visits in Wichita Falls,” Wichita Falls Convention and Visitors Bureau Director Lindsay Barker said. “They have verbally committed. They were happy with the facility, happy with the services and the things that we could provide. We just have to have that hotel and that’s the missing piece of it.”
Officials with the city said the overall economic impact of the hotel would be more than $20 million per
The city will not own the Marriott Hotel, instead, it will be run and owned by Gatehouse Capitol.
City leaders hope to break ground on the facility in the fall with the hotel opening in January 2020.