Conway leaders hope to attract hotels with new economic incentives | Myrtle Beach Business

Otto I. Eovaldi

CONWAY — Conway leaders hope to entice new hotels to open in the long run by supplying additional financial incentives, as the metropolis is swiftly starting to be a spot spot for travelers going to the coastline.

The metropolis of 25,000 citizens grew by 45 percent considering the fact that 2010 — the state’s 13th fastest — and is seeing an uptick of site visitors who are traveling following COVID-19 constraints have been lifted across the nation.

Conway's downtown growth could make Horry County's seat a bigger destination

With its neighbor Myrtle Beach front looking at all over 20 million site visitors per year, small business leaders have claimed their intention is to catch the attention of one particular % of that range as they vacation on U.S. 501, a key thoroughfare that cuts as a result of the city on the way to the seaside.

Conway Town Council has previously begun the incentives to draw in downtown resorts by taking away parking necessities and allowing business shorter-time period rentals, this sort of as models planned for the higher flooring of the building that homes the Mustard Seed Boutique on 3rd Avenue.

The new incentives also would include things like reimbursement of hospitality and home taxes and an expedited system review period of 15 days relatively than the recent 30 times.

Now leaders in the seat of Horry County hope to develop on those people actions by attracting accommodations not only downtown but in other areas of the metropolis, such as U.S. 501 and U.S 701 where places to eat and shops are found.

“A ton of times (for) developers, time is income, and if they can get anything reviewed faster, they desire that to an incentive in some cases,” Deputy Metropolis Administrator Mary Catherine Hyman claimed at an April 18 City Council assembly.

The city mentioned any new accommodations to open by the proposed incentives would raise neighborhood work and broaden the tax base.

While inns, which include boutique motels, would qualify for the incentives, town leaders have reported that motels would not mainly because they are a “public basic safety challenge.”

Hyman stated that a proposed ordinance will be introduced to Metropolis Council in a number of months for a initial looking at vote and a community listening to the place citizens can converse on the challenge.

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