HOTEL YORKTOWNE gets tax credit to help with renovation project

Pennsylvania provides tax credits to preserve 27 historic buildings. Five of the buildings are in the Susquehanna Valley: Wayne Building in Waynesboro, Franklin County, John F. Reed Company Cigar Factory in LancasterJ.R. Bitner Tobacco Warehouse at LancasterYork Hospital and Dispensary at YorkYorktowne Hotel in YorkThe Yorktowne Hotel has a tax credit of $ 300,000, which is part of the funding for the hotel’s renovation project. restored, ”said Kim Hogeman of the York County Economic Alliance. The ballroom is undergoing a major facelift and improvements are made to the lobby. Hogeman said the challenge was to retain the historic architecture while modernizing the structure. “Adding a new lift to the tree that has the least historical impact was a real challenge,” she said. The hotel has 123 rooms. All windows have been replaced. At any given time, 75 construction workers are at work. The hotel is slated to open in August 2022. The original completion date was 2019, but the scope and cost of the project has changed. The cost is now estimated at $ 54 million, with funding coming from state grants, tax credits, private donations and long-term debt.

Pennsylvania grants tax credits to preserve 27 historic buildings.

Five of the buildings are in the Susquehanna Valley:

  • Wayne Building in Waynesboro, Franklin County
  • John F. Reed Company Cigar Factory in Lancaster
  • JR Bitner Tobacco Warehouse in Lancaster
  • York Hospital and Dispensary in York
  • Yorktowne Hotel York

The Yorktowne Hotel benefits from a tax credit of $ 300,000, which is part of the funding for the hotel’s renovation project.

“If it looks historic and it was in a public space, it will be restored,” said Kim Hogeman of the York County Economic Alliance.

The ballroom is undergoing a major facelift and improvements are made to the lobby.

Hogeman said the challenge is to maintain the historic architecture while modernizing the structure.

“Adding a new elevator shaft with the least historical impact was a real challenge,” she said.

The hotel has 123 rooms. All windows have been replaced.

At any given time, 75 construction workers are at work.

The hotel is scheduled to open in August 2022. The original completion date was 2019, but the scope and cost of the project has changed.

The cost is now estimated at $ 54 million, with funding coming from state grants, tax credits, private donations and long-term debt.


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