Additional state funding for the planned $155 million conference center and hotel at Lanier Islands was announced at the April meeting of the Lake Lanier Islands Development Authority. The Georgia General Assembly in this year’s session approved an additional $21 million for the project.
When approved by the governor, that brings the total state funding for the project to $52 million. The balance of financing will come from private sources.
The conference center and hotel is being built on the former footprint of the resort’s PineIsle Hotel, which was razed in 2008.
State monies will be disbursed through the Georgia Department of Natural Resources. LLIDA oversees Lanier Islands. The resort is managed by Islands Management Co. LLC, a private leaseholder.
The projected completion date is late 2023 or early 2024.