Quote:
Originally Posted by Nickapedia
I dont see how it would be office, not enough demand unless (and i am dreaming here) some major company was planning a relocation and bringing 10,000 jobs with them. Its got to be a hotel, likely with a residential component. 38 floors is massive so this is exciting. Part of me does wonder how many more hotel rooms we could add? Maybe the new STR laws have hotels seeing more demand?
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In a surprise twist, Joe Jaeger builds a massive hotel at the power plant to spite the convention center for the Top Golf thing ...
I jest, but while there are a lot of hotel projects coming down the pipeline, most are fairly small compared to what's being built in other tourism destinations. Off the top of my head there are maybe 1000-1500 rooms under construction with maybe another 2000-2500 planned. Nashville for example has 7000 under construction and even more than that planned.
We haven't had a large 1000+ room addition to the market since the Hyatt came back on line in 2011 and while I often criticize the process, I agree with tourism officials in that we need more large facilities to attract more big events.