JAY, VT â€“ The rapid fire construction and development continues at Jay Peak Resort.
The new 85 room hotel on stateside has risen and will be open for guests by Christmas this year. The ticket price on the hotel â€“ with a new base lodge, restaurant, retail space, and rental center â€“ is $23 million paid for with EB-5 foreign investment money. The new project is on top of about $200 million in other new development at the resort, including the indoor water park, ice arena, and other hotels, a conference center, and lodging options.
For more of this story, see Monday's edition of The Newport Daily Express for Aug. 26, 2013.