Albert R. Boscov was excitedly making and receiving countless phone calls in his Exeter Township office Monday after getting word that the last of the financing for a downtown hotel and convention center was finally in place.
He immediately began making plans to break ground Friday at 11:30 a.m. in the 700 block of Penn Street across from the Santander Arena.
“It’s been a long wait but we got it,” Boscov said.
The renowned retailer has been working on the block-long, four-star hotel, which will cost at least $56 million, since 2007.
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