ylw hotel

Steve Sammut of Northland Properties, builder of ÎÚÑ»´«Ã½ÎÚÑ»´«Ã½ new airport hotel, is shown second from right, in this photo of a ground-breaking for the project.Ìý From left, the others are airport manager Sam Sammadar, Mayor Tom Dyas, and city manager Doug Gilchrist.Ìý

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 City of ÎÚÑ»´«Ã½

A photo op was staged at ÎÚÑ»´«Ã½ÎÚÑ»´«Ã½ airport to mark the start of construction on a new hotel located right next to the terminal. The previously announced hotel will cost $100 million and thereÎÚÑ»´«Ã½ also a $55 million, 1,000 stall parkade for use by all travellers.Ìý

To be called Sutton Place, the six-storey luxury hotel with 245 rooms is owned by Vancouver-based Northland Properties, a private company controlled by the Gaglardi family of Vancouver, which operates a variety of hotels and restaurants. Tom Gaglardi also owns the Dallas Stars NHL team.Ìý

Northland Properties Ltd. is also footing the bill for construction of the new parkade at YLW. In exchange, it will draw a big share of all parkade revenue through a 99-year lease with the city-owned airport.Ìý

ItÎÚÑ»´«Ã½ expected the parkade will open in 2027 and the hotel will open in 2028.

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