GERS Reports Havensite Hotel on Track for May 2025, Bids Farewell to Nellon Bowry

During the Government Employees' Retirement System's final board meeting for 2024, trustees were informed of the progress being made on the hotel development at Havensite. The board also acknowledged the impending end of Nellon Bowry's tenure as a trustee. During GERS Administrator Angel Dawson's report, he estimates that the hotel development at Havensite is almost three quarters of the way towards completion. The current goal, said Mr. Dawson, is to have roof and window work completed by Christmas. Once a “dry building” is accomplished, interior finish work can begin, with a goal date of May 2025 for full completion. “We'd like for them to open soon that we can begin to collect rent and our percentage of the profits,” Mr. Dawson remarked. The Havensite complex itself will undergo a rebranding “early in 2025”, complete with a new name, the administrator continued. A new generator for the facility is in the process of being commissioned and should be online “imminently,” the adminis...