Palmer: West End Summit to include 225-room luxury hotel
http://www.bizjournals.com/nashville...e-225-key.html
A 225-room luxury hotel will accompany West End Summit's twin 20-story office towers, developer Alex Palmer said Thursday afternoon.
The deal involving a "four-and-a-half-star hotel," which will push the project's budget well past the previously announced $200 million mark, is close but not finalized, Palmer said.
"The hotel will happen," Palmer said. "We elected not to announce the hotel until all the Is are dotted and Ts are crossed. We anticipate in the not too distant future being able to announce it. We want to be able to make sure it's 100 percent done."
A hotel has long been been part of the project, which has been on the drawing board for a decade. In 2006, Palmer announced a deal to include a 285-room InterContinental Hotel & Resort at West End Summit. At one time the project also included condo units, which have since been scrapped.
Nashville Mayor Karl Dean announced Thursday morning that construction on West End Summit will begin next year, thanks to an expansion by HCA affiliates involving 2,000 new and existing jobs.
Nevin Batiwalla covers real estate/development and regional economic development.