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Joe Montana Hotel Project At New 49ers Stadium Delayed

SANTA CLARA (CBS/AP) -- Joe Montana's plan to build a new hotel and restaurant next to the San Francisco 49ers' new Silicon Valley stadium is not advancing as quickly as expected.

The Hall of Fame quarterback had wanted the four-star hotel, upscale restaurant and sports bar to open in August 2014, when the 49ers move to Levi's Stadium in Santa Clara.

Montana now hopes the complex will be open in time for the 50th Super Bowl in February 2016.

The plan is being delayed because Montana and his business partners haven't been able to reach a deal with Santa Clara officials on the value of city-owned land where the complex would be built.

Another development project has also prompted new design work on the hotel.

(Copyright 2013 by CBS San Francisco. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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