Why a $5 million difference has frozen the Grand Hyatt deal
The Grand Hyatt Hotel was to include 365 hotel rooms, 36,000 square feet of meeting and event space and one restaurant. (Rendering courtesy Carlisle Corp.)
Chance Carlise of Carlisle Corp. said there’s a $5 million funding gap that is the result of the city delaying closing the deal.
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Grand Hyatt Carlisle Corp.Neil Strebig
Neil Strebig is a chef turned journalist covering economic development and commercial real estate for The Daily Memphian. He grew up in Pennsylvania and has worked at media outlets including the York Daily Record/USA Today Network and most recently as Report for America Corps Member with Lookout Santa Cruz. He is a graduate of Point Park University in Pittsburgh.
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