Posted Jun 2, 2016, 7:04 PM
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Moderator
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Join Date: Jan 2009
Location: Portland
Posts: 7,405
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Quote:
Waterfront development reveals plans for a $40M hotel
First, there was news that a well-known non-profit would be the first major office tenant.
Then came word of a first culinary tenant, followed by the announcement that work had begun on a 7-acre waterfront park.
Now, Columbia Waterfront LLC, the entity overseeing the $1.5 billion development of 32 acres along the Columbia River waterfront in Vancouver, reveals that a $40 million boutique hotel will rise up on Block 4 of the development by 2018.
Columbia Waterfront and local developer Kirkland Development announced today that construction of the Hotel Indigo, a boutique concept planned with InterContinental Hotels Group, is set to begin in spring 2017. The 120-room, $40 million hotel will also include a residential component of apartments or condominiums, as well as 20,000 square feet of retail and restaurant space.
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...continues at the Portland Business Journal.
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