A project years in the making is moving forward. A Tennessee company called Senate Hospitality announced that Paducah Convention Hotel LLC has entered an agreement with Hilton worldwide.
That means, a new downtown Hilton Garden Inn will be built and attached to the Paducah McCracken County Convention and Expo Center. Chief Operating Officer Glenn Malone said there is only one thing holding back the plans.
Senate Hospitality is waiting to hear back from the state of Kentucky to approve a sales tax incentive. Malone said that could take about one month. Once it is approved, the company can finalize financing and finish the hotel sketches. Malone said he expects those sketches to be finished 60 to 90 days from today. In the next two to three weeks, the pavilion will come down and the hotel will be built in its place.
The company plans to break ground by the end of this summer. Malone said it has been a long time coming and he is looking forward to the opportunities it will bring to Paducah.
"The plan is for a seven story hotel, 121 rooms, overlooking the river in downtown Paducah," said Malone.
He said there are big plans that could bring jobs.
"We believe we will draw business from Tennessee, Arkansas, Missouri, Illinois and Indiana," said Malone.
Malone said the hotel will be a huge and positive development for the downtown area.
"We really feel like being located on the river in downtown Paducah is a great advantage for the project. We are excited about the views that our guests will have of the river and downtown from the hotel. We feel like the arts that are available in Paducah are a great attraction as well," said Malone.
The new Hilton Garden Inn will create 70 new jobs, generating 115-million in local economic activity during the first ten years of operation. It will be easily accessible from I-24 drawing in visitors from surrounding states.
"I think it's a big win for the city of Paducah and McCracken County with the addition of this hotel," said Malone.
Malone said the hotel, attached to the convention and expo center, will be nearly 80 thousand square feet.
"We anticipate that adding the hotel into downtown and connecting it to the convention center is going to allow the center to attract business from outside the state of Kentucky,"said Malone.
When the new pavilion is taken down, the showroom will act as the new pavilion. Construction on the hotel is expected to be finished by the second half of next year. Both A & K construction and Bacon Farmer Workman Engineering will construct the new hotel.
For more information about the new hotel, click here.