Friday, July 18, 2008

New Hotels Could Be on The Horizon

Today's Item reports on possible new business coming to Huntsville:
Two new hotel developments could be a step closer to reality in Huntsville if the proposed projects find favor among the Tax Increment Reinvestment Zone board of directors on Monday.

Proposals for a Hampton Inn and Marriott Hotel project will be presented by Glenn Isbell, special projects director for the City of Huntsville.

The SHSU campus is mentioned, specifically:
Similar projects were proposed to TIRZ earlier this year, including a Hampton Inn & Suites north of Raven Nest Golf Course and on the south side of Smither Road west of Interstate 45.

Buffalo Lodging LLC of Arlington proposed a four-story building, consisting of 93 units, along with an indoor pool and spa and 1,000 square feet of meeting space. Construction square footage totaled approximately 60,000 square feet, and the estimated appraised value for the hotel was $5 million.

Another proposal from K Partners Hospitality Group of San Antonio was discussed by TIRZ for two hotels and a conference center on 13.28 acres of land east of Interstate 45 that housed the Sam Houston State University Agriculture Center. The deal that was projected to be finalized in December 2007 did not materialize.

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