Dora Hospitality Group and Lauth Group hope to bring a new Hilton brand to the market as part of mixed-use development north of the Ritz Charles hospitality venue.
A proposal to build an 88-room extended-stay hotel on Old Meridian Street in Carmel is gaining traction after city leaders and the neighboring Veterans of Foreign Wars Post 10003 had initially opposed it.
The nine-acre Landing at Monon Marketplace project is expected to include a multistory hotel, office buildings and a new location for an Indiana-based restaurant chain.
Town officials in 2008 began an aggressive play to turn the world-famous oval into an economic engine that runs year-round by creating a retail and entertainment district along Main Street.
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 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.
Only the Pan Am Plaza and a city-owned parking garage on Illinois Street jump out as prime locations for the mega-hotel Visit Indy wants downtown, hospitality industry observers say.
Council member Jared Evans, who authored the proposal, said there are 15 hotels in the city with problematic ratios that are resulting in a drain on police and fire resources.
City and tourism officials had requested proposals for a hotel that would rival the 1,004-room JW Marriott and include ballroom space integral to attracting more conventions to the city.
City officials are considering an ordinance to crack down on hotels and motels they say are a magnet for crime, pose a danger to area residents, and drain city police and fire resources.
The $40 million hotel, which will be part of the Autograph Collection by Marriott, is expected to be built between the Monon Trail and Veterans Way, just south of City Center Drive.
The owner of a complex near where Sun Development wants to build a dual-branded hotel incorporating a historic church is suing over a strip of land that would run through the project.
City and hospitality officials have started laying the groundwork to accommodate demand for rooms booked for conventions and other big events by Visit Indy.
The 109-year-old building—once the tallest structure in Indianapolis—is slated for a transformation into a 130-room hotel expected to open in early 2020.
