City, County Loaning Money to Developer for Downtown Hotel and Conference Center

Originally Published Augusr 30, 2025
Frederick News-Post

By Nolan Wilkinson

The city of Frederick and Frederick County are loaning $4.5 million to the developer of the planned Downtown Hotel and Conference Center after City Council members unanimously approved the loan in their Aug. 21 meeting.

The loan includes $2 million from the city and $2.5 million from the county.

The money is set to be used to refinance the debt the developer accrued in acquiring the property, according to city documents.

To read the article in its entirety: https://www.fredericknewspost.com/news/continuing_coverage/downtown_hotel/city-county-loaning-money-to-developer-for-downtown-hotel-and-conference-center/article_b2088a1c-602b-516e-9b6d-87c987c69776.html