Tight financial markets stall one North Bend hotel project
April 19, 2011
Financing problems have stalled one North Bend hotel project but another one appears ready to go ahead.
North Bend city officials hope that a hotel in the city will bring in revenue and help the city’s branding campaign.
Snoqualmie Valley resident George Wyrsch wants to develop a hotel near Interstate 90’s Exit 31, but has had difficulty securing financing.
“I’m waiting for the financial markets to loosen up some,” he said.
