An 11,000-square-foot event center is under construction on Lake Coeur d’Alene.
The Hagadone Hospitality Company, which owns the Coeur d’Alene Resort, commissioned construction of the 11,000-square-foot facility in early February. Scheduled completion is July 2011. Total project costs aren’t being disclosed.
Hagadone Hospitality Company President and Co-owner Jerry Jaeger said the year-round facility, located on a golf course, will feature 11,000-square-feet with additional 6,000-square-feet of deck space for banquets, receptions or weddings. 200-feet of sliding glass windows also open to a lake view. The space can accommodate up to 800 people.
“Our economy is soft like anyone else,” Jaeger said. “We are starting to see some improvements and believe this event center will quicken a return to our normal economic environment.”
Jaeger also said his company was able to capitalize on construction costs of up to 25 percent less than it would have cost two years ago.