Courier-Journal, Kentucky 7/12/2016
Reporter: Lexy Gross
A new three-story, 93-room extended stay Marriott hotel is coming to the former site of Rose Hill Elementary School in Jeffersonville, Ind.
Officials broke ground on the new TownePlace Suites at the construction site between Maple and Mulberry streets in Jeffersonville Tuesday. The new hotel will be blocks from Interstate 65 and will sit at the base of the Big Four pedestrian bridge.
The hotel will be built by Jeffersonville’s ARC Construction and owned by Jeff Hotel Partners, LLC, which according to a release is a joint venture between ARC and the Dora Hotel Company. The company is under a license agreement with Marriott.
ARC said in a news release it hopes to have the hotel construction complete by Spring 2017 and called it a $15 million investment into downtown Jeffersonville.
Plans to build a hotel at the Rose Hill site have been in the works for more than a year. ARC purchased the property in 2013 with plans to develop retail space and condos, according to previous Courier-Journal reports.
The school was used more recently as low-income housing for men.
According to the News & Tribune, the developers have already received a tax credit from the Jeffersonville Urban Enterprise Association.