Riverfront Brio plans to apply for a foundation permit within 10 days for its 121-room Home2 Suites by Hilton hotel across Second Street from the Owensboro Convention Center.
The five-story hotel on the west side of the lot and apartments on the east side will combine for a $50 million project, Ed Ray, chief operating officer for Gulfstream Development, said.
Ray said plans call for the hotel to be open by the end of 2023, but weather and supply chain issues could affect that, he said. Another factor could be current shortages of insulation and other building materials, Ray said.
Pilings have to be driven into the ground to reach bedrock 80 to 100 feet below the surface to support downtown buildings. So, Ray said it likely will be spring before people see the hotel rising vertically.
In the middle of the block, between the hotel and apartments, plans call for open green space with a park-like atmosphere, Ray said.
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