Bids Are Invited For Short-Term Rental Cottage Development Opportunities On The Grounds Of Grand Falls House in Canada

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Short-Term Rental Cottage Development Opportunities On The Grounds Of Grand Falls House . The Town Of Grand Falls-Windsor (Gf-W) Is Seeking Proposals From Qualified Proponents Interested In Developing And Operating Short-Term Rental Cottage Accommodations On Designated Lands Surrounding The Historic Grand Falls House Property. This Opportunity Represents A Key Component Of Council’S Long-Term Vision For Enhancing The Grand Falls House Grounds As A Central Hub For Culture, Tourism, And Community Activity. The Town Is Currently Working With The Grand Falls House Foundation To Complete Engineering Design Plans For Significant Upgrades To The Grand Falls House Itself. These Upgrades Will Allow The House To Be Open To The Public And Feature New Interpretive Exhibits That Highlight The History Of The House And The Community. In Addition, Plans Are Underway For The Construction Of A New Structure Adjacent To The Grand Falls House, Which Will Provide Facilities For Food And Beverage Preparation And Service To Large Groups. Securing Government Support For Funding These Upgrades And The New Facility Is The Next Step In The Broader Revitalization Effort. The Town Envisions The Development Of A Minimum Of Eight Modern Cottages That Complement The Historic And Natural Character Of The Site. Each Cottage Should Be Designed With High-Quality Construction And Offer Modern Amenities, Enhancing The Visitors’ Experience While Maintaining The Unique Heritage And Natural Setting Of The Grand Falls House Property. Scope Of Opportunity Leasing Terms • The Town Will Lease The Land To The Successful Proponent(S). The Lease Rate Will Be Equivalent To The Value Of Property/Building And Water Tax That Is Calculated Using The Regular Municipal Assessment And The Corresponding Applicable Taxation Rates Set By The Municipality Annually. • An Accommodations Tax Will Apply To These Cottage Units If Council Adopts An Accommodations Tax For The Entire Accommodations Sector Within Grand Falls-Windsor. • Proponents Will Be Responsible For Regular Business Taxes To The Municipality. • 75% Of Revenue Collected Under The Lease Arrangement Will Be Dedicated Exclusively To The Grand Falls House Foundation For The Operation And Maintenance Of The House And Grounds.

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