Anaheim approves tax incentives for Disney and two other luxury hotel projects


The Anaheim City Council has approved tax incentives for three new luxury hotels, the first to be built under a policy that was approved last June. The policy provides builders of new hotels that meet AAA's four-diamond rating a refund of 70% of the bed tax they collect from guests during the first 20 years of operation.  Guests currently pay a 15% bed tax. The benefit for the three hotels is estimated at $560 million over 20 years. One of the hotels that was approved is Disneyland's new 700-room hotel [photo above] set to be built on 10 acres at the north end of the Downtown Disney parking lot.  Construction would begin in 2018 for a scheduled 2021 opening. According to Mary Niven, Senior Vice President of Disneyland Resort Operations, Disney had no plans to build a new hotel until this new incentive policy was approved. AnaheimPlaza01 Another property that was approved is a 580-room hotel [photo above] to to be built on the current site of the Anaheim Plaza Hotel & Suites by Good Hope International, an affiliate of Wincome Group. anabella Wincome Goup's FJS Inc. will be building the final property approved, a 630-room hotel on the site of the Anabella Hotel. After several hours of public comment, the incentives packages were approved in a 3-1 vote. The three new hotels join 2 other proposed luxury hotels, including a JW Marriott, to be built near Anaheim GardenWalk.  Those projects were approved under a different incentive program. Currently Disney's Grand Californian Hotel & Spa and the Disneyland Hotel are the only AAA four-diamond properties in Anaheim.   Source: Orange County Register