An article in today's News Sentinal noted that though there was only proposal submitted by the due date, city officials are confident that this is a quality proposal made by an expirienced developer.
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.
White Lodging manages hotels in 14 states, including four Marriott-brand hotels in downtown Indianapolis. Its track record gives Mayor Graham Richard confidence.
“Our excitement is we have a very capable investor.”
Read full article:
http://www.fortwayne.com/mld/fortwayne/news/local/16747893.htm
What do you think of the proposal made?
What do you think of the design?
Are you comfortable with the developers of the hotel?
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