LOUISVILLE, KY – Executives from Omni Hotels & Resorts along with Louisville Mayor Greg Fischer, the Metro Council, leaders from the Louisville Convention & Visitors Bureau, and the Louisville Downtown Partnership broke ground today on the Omni Louisville Hotel. The 30-story luxurious property will reflect Louisville’s warmth and hospitality, while embracing and celebrating the city’s authentic quality and charm. The hotel will be the luxury brand’s first property in Kentucky.
Set to open in early 2018, the Omni Louisville will be a catalyst to the city’s growth and urban development. Considered the tallest hotel in Louisville and located at Liberty and 2nd Street, one block from the Kentucky International Convention Center, the hotel will be the cornerstone in the city’s most exclusive entertainment, retail and office district, “Fourth Street Live!” The hotel will feature 612 finely appointed guestrooms and suites topped by 225 luxury apartments. Other hotel highlights include:
“Louisville is a premier destination and we are incredibly excited to be a part of the city’s continued evolution – we look forward to building upon the great successes that Louisville has already achieved,” said Mike Deitemeyer, president of Omni Hotels & Resorts.
“Louisville embodies everything we look for when selecting a new Omni location – it is a global city, home to a vibrant and growing business community, diverse neighborhoods, a healthy infrastructure and a dynamic city center. Working together with Mayor Greg Fischer, the Metro Council and a host of other Louisville leaders, we are eager to establish the Omni Louisville Hotel as an economic development catalyst for the city and help make Louisville an unforgettable destination for years to come.”
The $289 million public/private project is estimated to create 765 construction jobs — with 20 percent minority and five percent woman-owned business participation — and 320 permanent jobs. Omni is paying 52 percent of the development costs ($150 million) and the city and state providing 48 percent ($139 million), which includes a rebate of taxes generated by the project, $17 million for a parking garage to be constructed and owned by the Parking Authority of River City (PARC) and $17 million, the value of the land.
“Today was much more than just breaking ground on the Omni Louisville Hotel,” said Louisville Mayor Greg Fischer. “Today’s groundbreaking is symbolic of the future transformation of our city and the prosperity yet to come. This hotel will not only help bolster our reputation as a leading meetings and leisure destination, but will serve as a cornerstone where our downtown community can connect. We look forward to a very prosperous relationship with Omni.”
The Omni Louisville Hotel will become a part of Omni’s robust, and growing, Convention Collection, which features signature properties in Atlanta, Dallas, Fort Worth, Nashville, Providence, San Diego and Washington D.C.