CHANNEL 44 NEWS: Hyatt Place Hotel Latest of Downtown Developments


first_imgHyatt Place Hotel Latest of Downtown DevelopmentsOCTOBER 18TH, 2016 LAUREN LESLIE EVANSVILLE, INDIANA The Downtown Hotel and Convention Center is slated to open this winter at the same time another hotel will be under construction. A new Hyatt Place Hotel is the latest of developments to be added to the city’s hotel inventory.Project developers say the purchasing paperwork is signed and the financing is in place for construction to begin. The developers of the new 139 room Hyatt Place say time and location were key in their decision to develop.The $18-million private investment won’t receive any city subsidy but is expected to impact the city’s future for years to come, “We know it creates jobs providing income to residents who need work, employee pay-roll taxes and of course property taxes,” said Mayor Lloyd Winnecke.For years the properties that will be developed have been tax exempt — owned by non-profits but that will change, creating revenue from property taxes after the development is assessed, “This is going to be great for the city it’s also going to be great for our Convention and Visitors Bureau because of room taxes and those go into amenities throughout the community,” said Downtown Alliance Director Joshua Armstrong.While some are concerned about supply and demand, Bob Warren with Evansville Conventions and Visitors Bureau says the Hyatt will be in high demand simply because of its location and connectivity to the downtown business district, “When you look at all of the business travel that’s in our market it’s probably one of the strongest elements of our tourism. People are coming in because we have universities, we have health care centers, we have strong manufacturing…a very strong business climate.”The city currently attracts more than 4 million visitors annually bringing in over $500-million — the new hotel only to generate more revenue, “Our team at the CVB and our industry are working very hard right now to make sure that we are dominant when it comes to conventions and meetings and workshops, seminars, retreats…everything that we can house in this market we’re going to try to house,” said Bob Warren.Vanderburgh County Authorities Warn of Fake Kidnapping ScamOCTOBER 17TH, 2016 MATT PEAK EVANSVILLE, INDIANA Vanderburgh County authorities are investigating a possible phone scam, involving a fake kidnapping and a ransom threat.The sheriff says a mother was tricked into believing her daughter had been kidnapped and was being held for ransom.The caller demanded money in exchange for her release.The mother sent $2,000 via Moneygram and Western Union, and was planning to send more before the daughter called her and she realized it was a scam.The sheriff says the suspects in these types of cases using emotion to get people to make rash decisions.Authorities say if this happens to you, request to speak with the person allegedly kidnapped and call police.Students Have a Chance to Fix Problems with the Changemaker ChallengeOCTOBER 17TH, 2016 MATT PEAK EVANSVILLE, INDIANA A challenge to inspire students to create positive change in the community is underway at the University of Evansville.The Institute for Global Enterprise is kicking off this year’s Changemaker Challenge competition.College students got a chance to get inspired Monday and high school students will meet Tuesday.The goal of the program is to get young people to find a problem they are passionate about and find solutions through collaboration.At the competition in February, college students can win seed money to make their ideas a reality.FacebookTwitterCopy LinkEmailSharelast_img