Work begins on a $ 50 million downtown project
October 30 – Riverfront Brio plans to apply for a founding permit within 10 days for its 121-room Home2 Suites by Hilton hotel located across Second Street from the Owensboro Convention Center.
The five-story hotel on the west side of the lot and apartments on the east side will combine for a $ 50 million project, Ed Ray, COO of Gulfstream Development said Friday.
Riverfront Brio is part of the Gulfstream umbrella.
Ray said plans are for the hotel to open by the end of 2023.
But weather and supply chain issues could affect that, he said.
There are currently huge shortages of insulation and other building materials, Ray said.
Piles must be driven into the ground to reach bedrock 80 to 100 feet below the surface to support buildings downtown.
The Hampton Inn & Suites, for example, had 231 stilts.
So, Ray said it will probably be spring before people see the hotel soaring vertically.
In the middle of the block, between the hotel and the apartments, plans call for an open green space with a park feel, Ray said.
This yard will also have restaurants and retail spaces.
The 245-vehicle parking lot will be on the south side of the block along Third Street, under the apartments and hotel.
“We hope it will be a good attraction,” said Ray. “The backyard will be very inviting to the folks at the Owensboro Convention Center.”
Since the Executive Inn Rivermont, with its 600 rooms, closed in 2008, city and convention officials have said the downtown area needs more hotel rooms to attract larger conventions. .
The Hampton Inn & Suites has 150 rooms and the Holiday Inn 123.
Along with the 121-room Home2 Suites, there will be 394 rooms next to and opposite the convention center.
Ray said Superhost Hospitality of Naperville, Ill. Will operate the new hotel.
This company also operates the TownePlace Suites by Marriott at Gateway Commons.
“They will make a great partner with the convention center,” said Ray.
The land was opened for the Home2 suites in June 2019, after two years of behind-the-scenes work.
At the time, they were talking about a 12 to 15 story complex with parking under the hotel.
In 2020, when construction was due to begin, the coronavirus struck and devastated the hospitality industry.
Riverfront Brio decided to wait for the hospitality industry to take over before starting the project.
At the time, Ray said the hotel would have positive effects on the local economy, including more hotel space downtown, which will allow the convention center and other local entities to do pressure for larger recreational events.
The hotel will also have an impact on local businesses, such as restaurants.
“It just has an even bigger impact on these local establishments,” he said. “So we are delighted to see more traffic in the city center in general.”
According to the Hilton website, Home2 Suites by Hilton is an extended stay hotel offering contemporary accommodations and customizable room design, and will include fully equipped kitchens and modular furniture, fitness areas, parking indoor and even accepts pets.
Keith Lawrence, 270-691-7301 [email protected]