GREENSBORO — As they await state approval for special financing, developers of a proposed $38 million downtown hotel have worked hard to show it will be a success in a crowded hotel market.
Flying the Wyndham Hotels and Resorts flag is a key part of their effort to show that they’ve got solid business support.
The developers of the 10-story hotel are working toward approval from the state’s Local Government Commission for the right to sell $26 million in bonds under the federal recovery zone bond program created under the federal stimulus act.
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