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Bill Freehling is a business writer for The Free Lance-Star and Fredericksburg.com. This blog is on Fredericksburg-area business. Send an e-mail to Bill Freehling.

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Hyatt Place hotel approved for state program

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Here is a rendering of the hotel. Click for a larger image.

Virginia Gov. Bob McDonnell formally announced Wednesday that the planned Hyatt Place hotel across U.S. 1 from the University of Mary Washington’s Fredericksburg campus will be the first project in Virginia to benefit from a program enacted by the General Assembly last year. The legislation allows tourism-related projects to receive a portion of state sales taxes back after hitting performance benchmarks. Click here for more detail.

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