(Reading) -- A Berks County entrepreneur is planning a groundbreaking this week for a hotel in downtown Reading.
Department store mogul Albert Boscov has been trying to establish a block-long, four-star hotel since 2007.
He says the last of the financing is in place and a groundbreaking event for the project is set for Friday.
Construction of a 208-room Doubletree will begin shortly and it will open in mid-2015. The nine-floor facility will feature a swimming pool, two ballrooms and a restaurant and bar.
The project is expected to cost at least $56 million.
Charles Broad of the city's Downtown Improvement District said he expects a huge economic boost from the project.
There are 43 Boscov's department stores in six states.
Support for WITF is provided by:
Support for witf is provided by: