The new Hope Lake Lodge Resort and Indoor Waterpark, located in Virgil, NY at the gateway to the Finger Lakes region, will be a premier tourism destination, as well as one of Upstate New York's largest "green" projects. Groundbreaking for the project happened this month, and construction will be moving full-steam ahead this summer, thanks to $38 million in project financing. Financing was facilitated by a $10 million USDA Rural Development loan guarantee and a blend of public and private sources.
The 106-room, five-story condominium hotel complex will feature a 40,000 square foot indoor waterpark with a wave pool, three-story tube slide, 500 feet of body slides, indoor/outdoor swimming pools and hot tubs. Other resort amenities will include an international health spa, fitness center, childcare and activity center, and family restaurant, along with meeting rooms that will augment existing conference space at the adjacent Greek Peak ski resort base lodge.
With its Northwoods/Adirondack style architectural design and décor, the Hope Lake Lodge Resort and Indoor Waterpark has already received four-star designation from Vantage Hospitality under the flag of "Lexington Resorts and Villas." Vantage is the 12th largest hotel company worldwide. Hope Lake Lodge Resort owners can trade through Resort Condominium International, LLC, which is the largest vacation exchange company in the world. Hope Lake Lodge has achieved the coveted RCI Gold Crown status, which enables exchanges at the most luxurious resorts in the world.
Hope Lake Resort and Indoor Waterpark are within a four-hour drive of a 40 million-person tourism market, and is expected to draw visitors from Canada, Pennsylvania, New Jersey, Delaware, and Maryland. Year-round visitors will compliment the more than 250,000 annual skier visits to Greek Peak ski center, which has been in operation since 1958.