The Real Deal Miami

Commission drops bailout bid for hotel project

February 25, 2009 11:52AM

Palm Beach County commisioners won’t ask the federal government for bailout money for its beleaguered convention center hotel project. In October, the county killed a deal to build a hotel beside the downtown West Palm Beach convention center. The project was the locus of a corruption scandal that eventually spurred Commissioner Mary McCarty to resign in January. Prosecutors say McCarty failed to disclose free hotel stays provided by Delray Beach-based Ocean Properties, the company once commissioned to build the hotel.