Wednesday, February 21, 2007

New Hotel In Print

New downtown hotel a standout on paper
http://www.fortwayne.com/mld/fortwayne/news/local/16747280.htm

From the article:

"Although the Harrison Square proposal is dependent upon the hotel, Richard said the inverse is not necessarily true. He said the addition of shopping, housing and sports downtown has made building a hotel more attractive, but he does not know whether the hotel is contingent upon the greater project moving forward."

"Leatherman said the hotel developers contacted Hardball so the proposed hotel would be built in a way to best work with the overall project."

Developers propose 250-room hotel
The $47 million project, a key component of Harrison Square, would be privately funded
http://www.fortwayne.com/mld/fortwayne/news/local/16747893.htm

From the article:

"Having only one proposal does not leave the city without any leverage, Leatherman said. If the companies are not flexible, the city could end talks and restart the search for a developer. But Leatherman does not expect that to happen.

“We really don’t have our hands tied to the point it looks like to some people,” he said."

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