That new hotel targeted for New Albany will be a Hampton Inn & Suites, Crestpoint Cos. CEO Kal Patel tells me.
Cincinnati-based Crestpoint is working on the project with joint-venture partner LinGate Hospitality of Owensboro, Ky. They’re planning a 114-room, limited-service Hampton Inn that will include 31 suites, meeting capacity for 40, a fitness room and indoor pool.
Patel said Crestpoint and LinGate first looked into the opportunity for a hotel in New Albany in 2009 and put the 2.4 acres in contract last year, paying cash. Their Woodcrest New Albany LP bought the land from Smith Mill Ventures LLC, a joint venture between the New Albany Company Ltd. master land developer and Columbus developer Larry Canini. Construction is expected to begin in spring of 2014 with an early 2015 opening targeted. The developers are seeking construction bids.
The hotel developers earlier this year opened a Holiday Inn Express north of Morse Road adjacent to the Easton mixed-use development
-Brian R. Ball, Columbus Business First