Developer plans $25M hotel, conference center in Plainfield

A local hotelier plans to build a $25 million Embassy Suites Hotel and Conference Center at Plainfield’s Interstate 70 interchange near Indianapolis International Airport.

The Hendricks County Tourism Commission announced Thursday afternoon that Sun Development & Management Corp. will construct the project on eight acres owned by the commission at the intersection of Perry and Clarks Creek roads.

The 175-room hotel will feature at least 5,000 square feet of meeting space and 20,000 square feet of conference rooms, in addition to a full-service restaurant.

Construction is expected to start in October and finish in 2018.

“The commission’s objective since we purchased the land over 10 years ago was to attract a project of this scope,” said Jaime Bohler Smith, executive director of Visit Hendricks County, in a written statement.

The Hendricks County Council on Thursday approved a preliminary resolution to offer a $6 million bond supported by the county’s 8 percent innkeeper’s tax to help build the project. Sun will use $5 million to build the conference center and $1 million to purchase the land.

In addition to the county assistance, Plainfield officials are considering a partial tax abatement over a 10-year period.

“I-70 and Indiana 267 is the western gateway for [Indianapolis], and since the relocation of the Indianapolis International Airport terminals, the interchange has become the primary lodging cluster for the airport but lacks an upscale, full-service hotel with sizable banquet facilities,” Sun CEO Bharat Patel said in a press release.

Sun owns 32 hotels in 12 states. Patel founded the company in 1992 after arriving in Indianapolis in 1989. Patel told IBJ in November that he was eyeing a project on the west side.
 

Please enable JavaScript to view this content.

Editor's note: IBJ is now using a new comment system. Your Disqus account will no longer work on the IBJ site. Instead, you can leave a comment on stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Past comments are not currently showing up on stories, but they will be added in the coming weeks. Please note our updated comment policy that will govern how comments are moderated.