3/9/17 Hotel Weyanoke to Bring Jobs and Investment to Farmville

Virginia Tobacco Region Revitalization Commission

Developing a Diverse Economy in Southern and Southwest Virginia

Hotel Weyanoke to Bring Jobs and Investment to Farmville

Project Expected to Create 76 Jobs and More Than $7 Million in Economic Impact

Richmond, VA– Governor Terry McAuliffe announced that the Hotel Weyanoke, slated to open in spring 2018, will create 76 new jobs and help bring more than $7 million annually in travel spending to the Farmville area. The Tobacco Region Revitalization Commission awarded a $145,000 Tobacco Region Opportunity Fund grant for the project. Total investment for the project will be more than $12.2 million.

Tobacco Commission Member, Secretary of Commerce and Trade Todd Haymore said, “The Hotel Weyanoke project will provide travelers with a fantastic new lodging option in historic downtown Farmville. At the local level, visitors to the Farmville area spent more than $20 million in 2015 and the addition of Hotel Weyanoke will boost spending as well as provide valuable jobs and increased tax revenue. We welcome the Hotel Weyanoke to Farmville and look forward to it contributing to the region’s economy.”

Ross Fickenscher, co-owner of the Hotel Weyanoke added, “The Hotel Weyanoke will fill a much needed void of lodging, dining, entertainment and meeting space, and is itself, a historic attraction. Located in downtown Farmville, the Weyanoke will host guests who can easily walk to nearby Main Street shops, Green Front Furniture, the Moton Museum, Longwood University, the Sarah Terry Trail, High Bridge Trail State Park, The Longwood Center for the Visual Arts, and more. This will be a new, exciting experience for visitors to stay longer, eat, shop and experience Farmville in a new way.”

The hotel will be located at 202 High Street and will include 27,000 square feet of space in a renovated building as well as a 30,000 square foot addition. Guests staying in the hotel’s 70 rooms will be able to choose from four new dining and refreshment options located on site.

David E. Whitus, Mayor of Farmville said, “It is exciting to see a historic establishment like the Hotel Weyanoke being revived to new life in our town. Along with creating jobs, it will be an establishment that will attract visitors and residents alike, spurring economic growth. It will be added to the list of all the characteristics that make Farmville a great place to live, work and play.”

The Tobacco Region Revitalization Commission has invested substantially over the years in projects designed to support and grow the tourism industry in Southern and Southwest Virginia as part of our strategy to develop a diverse economy in those areas. The Hotel Weyanoke will serve as a focal point for travelers as they enjoy the greater Farmville area and all that it has to offer.

 

Contact: Jordan Butler
Telephone: 804-786-7692
Cell: 757-692-0878
Email: jordan.butler@tic.virginia.gov
Website: www.tic.virginia.gov

FOR IMMEDIATE RELEASE
3/9/2017