hotel development

Paducah city officials say the developers of a multi-million downtown hotel project missed the city’s deadline for securing their bank loan.

The planned $19 million project would have added lodging downtown for large events including the annual quilt show.  After months of planning and negotiation, the city commission gave the developers the Jan 29 deadline to secure their end of the bank loan.

As of 2pm today, the developers did not meet those requirements. 

The Paducah Riverfront Development Authority plans to reveal the franchise for a new downtown hotel. 

PRDA Executive Director Steve Doolittle says the city wants to release the franchise with an architectural rendering. But the rendering could delay the roll-out. 

Paducah Announces More Downtown Hotel Details

Dec 10, 2013
John Paul Henry

The equivalent of ninety new jobs and 9.3 million dollars annually are expected to come to downtown Paducah after the proposed upscale hotel opens in 2015 according to Paducah Riverfront Development Authority Executive Director Steve Doolittle. 

New Details Coming for Downtown Paducah Hotel

Dec 9, 2013

Details about a new hotel coming to downtown Paducah will be announced Tuesday at at 4:45 at City Hall. The hotel, which is expected to be open by June 1, 2015, will have at least 120 rooms, a restaurant and bar and will be connected to the Julian M. Carroll Convention Center.

A new Paducah hotel that would connect to the Julian Carroll Convention Center downtown is one small step closer to coming to fruition.

The City Commission met with City Attorney David Denton in closed session this morning to review a loan offer for the project. A local bank gave the developer that offer this week. City spokesperson Pam Spencer says the plans are not final yet.

The city of Paducah is awaiting loan approval before beginning construction on a downtown hotel project. Hotel developers are also in negotiations with a national chain to operate the facility.

The $18 million, 124- room hotel should occupy waterfront property adjacent to the Julian M. Carroll Convention Center.

Discussions between the Senate Hospitality hotel management group, developers and city officials include a pedestrian bridge between the center and the hotel.

Paducah Hotel Development Proposal Announced Today

Dec 19, 2012

Paducah city officials join a property developer this afternoon to announce a proposal to construct a downtown hotel adjacent to the Julian Carroll Convention Center. Paducah public information officer Pam Spencer says convention center and city officials are still negotiating many of the details of the project.