BATAVIA, NY – A proposed $10 million investment to renovate a Town of Batavia hotel is seeking final approval from the Genesee County Economic Development Center (GCEDC).

The GCEDC’s Board of Directors will consider a final resolution at its March 26 meeting to assist 8250 Park Rd, LLC. The company proposes a renovation of the current 125,000 square-foot hotel at 8250 Park Road. Upon competition, it would operate as a 99-unit Holiday Inn and a 68-unit Candlewood Suites in addition to a renovated water park.

The improvements are projected to increase the property’s assessed value from $2.5 million to $9.185 million. The combined operations anticipate creating 15 new full-time equivalent (FTE) positions and retain an additional 20 FTEs.

The resulting project is estimated to produce $9.994 million in future benefits to the local community, including payroll to workers during renovations and 10 years of operations, and increase in property tax revenue and sales tax revenue.

8250 Park Rd LLC is requesting abatement of the 8% state and local sales tax for construction and equipment estimated at $379,200, abatement of the 1% state and local mortgage recording tax estimated at $50,000. The company is also seeking a Payment-in-Lieu-of-Taxes (PILOT) abating $884,472 of future property taxes toward the incremental increase in assessed value.

The project is estimated to generate payroll and tax revenues that would result in an estimated $10 local benefit for every $1 of requested incentives. In addition, once ramped up, the project is projected to generate over $123,704 annually in bed tax revenue to the county.

A public hearing on the proposed project agreements for 8250 Park Road LLC was held in the town of Batavia on October 21^st, 2025.

The GCEDC board meeting will be on Thursday, March 26th at 4 p.m. at the MedTech Center’s Innovation Zone, 99 MedTech Drive, Batavia.

Meeting materials and links to a live stream/on-demand recording of the meeting are available at www.gcedc.com.