Delta Hotels and Resorts will operate a new hotel to be constructed on Thunder Bay’s waterfront.

The $20 million project — announced Wednesday — is expected to open in early 2014.

Delta calls the project the city's first four-star upscale hotel. It will include 150 guestrooms and suites, and include 18 penthouse rooms and 10 rooms with terraces.

The hotel will also boast 9,000 square feet of conference and meeting space including a 5,300 square foot ballroom offering garden and waterfront views, a full service restaurant and lounge with an outside terrace overlooking Lake Superior, a business centre, indoor pool and state-of-the-art fitness centre.

The hotel is expected to employ about 110 people.

The project is part of a private sector investment which also consists of two condominiums, and a commercial building for shops and restaurants.