The Indianapolis Airport Authority board has asked developers interested in building the project to submit responses by the end of June. Plans a decade ago to build a $50 million Westin at the airport were scuttled by the Great Recession.
The Indianapolis Airport Authority reviewed some big proposals for the 125-acre site from industrial developers and others, but instead waited for a true economic development deal that could help transform the city's west side.
The impending arrival of the full-service Embassy Suites with convention and banquet facilities may have attracted yet another hotelier to the critical mass of operators just west of Indianapolis International Airport.
Indianapolis officials have triggered a wide-scale review of the need for big municipal buildings downtown. Real estate executives are intrigued by the 28-story City-County Building's potential for private redevelopment.