Timbawala Group proposes conversion of historic Landmark Building into 150-room Canopy by Hilton Hotel

Hospitality

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Louisville Business First

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• Subcategory: Proposed

• Tag: Hospitality: Upper Upscale

• Additional Filters-Subcategory: Conversion: Office-to-Hotel, Historic, Hospitality: Franchise

• Additional Filters-Tags: Hilton (NYSE: HLT)

Highlights
Timbawala Group plans to convert the Landmark Building into a 150-room Canopy by Hilton hotel.
The renovation project will cost approximately $74 million for the historic Downtown Louisville property.
A proposed development area will pledge 80% of incremental property tax increases over 20 years.