State awards $5M loan for construction of downtown hotel
State awards $5M loan for construction of downtown hotel
The state is giving Reading a big boost for its efforts to build another hotel in center city.
The Greater Berks Development Fund has been awarded a $5 million loan for the construction of a Doubletree Hotel.
The hotel will be built directly across from the Sovereign Center on Penn Street.
Plans have been in the works for years, but construction has not yet started.
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