Town of Wasaga Beach Welcomes over $45M Investment by Sunray Group
Town of Wasaga Beach Welcomes over $45M Investment by Sunray Group The award-winning hotelier plans to build a premium-brand hotel and other amenities near
the Town’s iconic beachfront and main tourism area
“The Town and Council of Wasaga Beach are thrilled to welcome this over $45 million investment in our community by the award-winning Sunray Group of Hotels. Sunray Group will build a premium-brand hotel and other amenities near our iconic beachfront. This historic investment represents local jobs, higher-value tourism and multi-day visits to our community, which will support our small businesses. It represents a growing commercial tax base, which takes pressure off of our home-owners. Wasaga Beach is excited to partner with Sunray, as we continue to redevelop our beachfront commercial area and unlock our community's potential to become a thriving, year-round destination. ” – Mayor Brian Smith
WASAGA BEACH – The Town of Wasaga Beach is welcoming an over $45 million investment by the award-winning Sunray Group of Hotels to build a premium-brand hotel and other amenities next to the longest freshwater beach in the world. Last week Council approved the purchase and sale agreement with Sunray Group for Town-owned land near Beach Area 1. Earlier today, the Town and Sunray Group signed on the dotted line.
1.5 acre parcel near the town’s main commercial and tourism zone at Beach Area 1 $45+ million investment award-winning hotelier premium-brand hotel 100+ good paying local jobs full development charges and demo costs restaurant, shops and other amenities wedding facilities
Sunray Group will now move forward with plans to build a premium-brand hotel in phase one of what will be a four-phase project near the town’s iconic beachfront.