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Downtown Mason City hotel plan dead after deadline missed

MASON CITY, Iowa (AP) — Plans for a Marriott hotel in downtown Mason City are dead after a developer failed to meet the latest deadline to start construction.

San Diego developer Philip Chodur failed to break ground on Wednesday — the last of three deadlines he missed as he tried to secure financing for the project.

The Courtyard by Marriott hotel was to be built at what now is a parking lot west of City Hall.

The hotel was part of a planned $36.2 million downtown development that includes the hotel, an ice arena, parking ramp and music pavilion.

State financing for the project could fall through now that the hotel plan has failed.

City Administrator Brent Trout says the city is weighing its options.

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Information from: Globe Gazette, http://www.globegazette.com/

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