Niagara Gazette

Local News

August 25, 2013

Hotel Niagara still in developer's plans

(Continued)

Niagara Gazette — Stinson was among 10 bidders in late April 2011 when the hotel went on the auction block. Jamal Kara, a Vancouver, B.C.-based businessman offering $1.25 million was the successful bidder with Stinson close behind that mark.  Subsequently, Kara opted to withdraw from the project and Stinson quickly moved to buy him out. 

Last November, Stinson conducted a tour at the hotel for members of the Buffalo Niagara Preservation during the group’s annual meeting at the nearby Niagara Falls Culinary Institute on Old Falls Street. During that tour, Stinson talked at length about his grandiose plans to make the facility unique among hotels on either side of the border. He also predicted that the hotel would be open this year. 

From the day he laid eyes on the vacant building, Stinson says he was thrilled by its potential. He noted its proximity to the American Rapids Bridge to Goat Island, the Niagara Falls State Park and the Seneca Niagara Casino and Hotel, Fourth Street.

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