The cornerstone of the Continental Hotel in Ponce is laid.

Governor Jenniffer González today laid the cornerstone of the Hotel Continental, a new inn that will renovate the former Hotel Ponce Intercontinental on El Vigía Hill, as part of an ambitious tourism and economic development project for…

“This project is not just about recovering a building, but about recovering a narrative: that of a city capable of reinventing itself without losing its soul.” With these words, architect and urbanist Javier de Jesús Martínez declared that the transformation of the old Intercontinental hotel in The Continental will mark the beginning of a new era for the tourist industry in Ponce and the southern region.

By Redacción Es Noticia redacción@esnoticiapr.com A loan of CDBG-DR funds for $12 million, under the Portfolio Program of Investment in Economic Development (PGI) of the Department of Housing, will finance part of the $35 million that will cost the renovation of the Hotel Ponce Intercontinental, now “The Continental” under the flag of Marriott International Brand. To that is added, an incentive of $16 million in tax credits and contributory exem…