Jonesboro Convention Center to receive $7.5M in Tax Incentives

Arkansas officials have approved tax incentives for a hotel and convention center complex being constructed in Jonesboro. Arkansas Economic Development Commission spokesman Scott Hardin says the $50 million Hyatt Place Hotel and convention center off of Interstate 555 could qualify for up to $7.5 million in incentives. Chris Keller, CEO of Northern Arkansas Hotel and Convention Center LLC, says the incentives would allow him to expand the convention center portion of the project to just under 80,000-square-feet, about double the size of the original plan. Keller says the incentives would also make the addition of a second hotel attached to the center possible.