The City of
Summary highlights of the definitive agreement are as follows:
*White will build a minimum 250-room full-service Courtyard by Marriott with a signature restaurant, bar and coffee shop. Room service will be available during restaurant hours. An indoor pool and fitness center will be included.
*Cost estimate for the hotel is $35 million
*White will have an option to acquire additional land for hotel expansion
*City will work with White to provide connectivity from hotel to
Hotel developers White Lodging and Acquest Realty are both leaders in the hospitality industry with specific expertise as premier developers, owners and operators of leading-brand hotels in multiple segments.
Earlier today, Mayor Richard announced a definitive agreement with Hardball Capital/Barry Real Estate for the ballpark, condominium and retail components of Harrison Square.
Early this evening, the Fort Wayne Redevelopment Commission was presented with the definitive agreements for their consideration. The Commission is the sole entity responsible for approving the agreements. The Commission will conduct a special meeting within a week to consider approving the agreements.