View Single Post
  #26  
Old Posted Feb 8, 2013, 7:32 PM
ariesjow ariesjow is offline
Registered User
 
Join Date: Aug 2005
Location: Nashville, TN
Posts: 318
The third tower is pretty much a done deal. It will be an 18-story, 4.5 star Intercontinental Hotel.

Alex Palmer: 18-story InterContinental Hotel at West End Summit a "99.9% done deal"

Quote:
Developer Alex Palmer is close to finalizing plans for an 18-story, 230-room InterContinental Hotel to accompany West End Summit's twin 20-story office towers.
The Nashville developer today said the deal is "99.9 percent done."
"We will sign a letter of intent today, and in 30 days we should be under contract," Palmer said.
The "four-and-a-half-star" InterContinental, which will sit between the two office towers anchored by HCA affiliates, will be Nashville's nicest hotel, Palmer said.
"Nothing will touch it," Palmer said. "It will hurt the better hotels in town."
The hotel should open a few months after the office towers in 2015.
Palmer described the hotel as "modern" and "cutting edge." A parking garage will make up the first 11 floors.
A luxury hotel has long been part of the project, which has been on the drawing board for a decade. In 2006, Palmer announced a deal to include a 285-room InterContinental Hotel & Resort at West End Summit. At one time the project also included condo units, which have since been scrapped.
Development of hotel will push the project's budget well past the previously announced $200 million mark.