The hotel chatter continues.
With the looming opening of the Fairfield Inn & Suites by Marriott and The 404 Hotel (both located in The Gulch), the Hilton Garden Inn now above grade in SoBro, Anil Patel’s two Marriotts fully framed on West End Avenue in Midtown, the fast-approaching start of Buckingham Midtown, Chartwell's Marriott almost finished in Green Hills, and efforts by both MarketStreet Enterprises and Mark Bloom to develop hotels (in The Gulch, no less), Nashville is abuzz with hotel construction.
In addition, multiple entities are looking to take existing buildings (for example, Noel Place and the Wells Fargo Building, both located on Fourth Avenue North) and convert them into boutique hotels. And, of course, Kevin Fee and his team are eyeing a towering Westin on the MCC Roundabout.
Interestingly, Buckingham Cos. officials are saying nothing about the hotel component of their mixed-use project (see image below), although speculation continues to focus on Kimpton Hotels, W Hotels and InterContinental Hotel. Some insiders have mentioned Peabody.
One hotel that seemingly will not be establishing a presence in Nashville — in either Buckingham Midtown or elsewhere — is Louisville-based 21c Museum Hotels, an entity various locals would like to have in town.
“We are not pursuing a project in Nashville,” said Stephanie Greene, 21c Museum Hotels director of public relations.
The 404 Hotel — the Gulch-based boutique hotel property that accompanies The 404 Kitchen — will open March 14.
“While we are excited about all the other boutique concepts coming to The Gulch, we think we are offering a unique overnight experience in a repurposed space that features an industrial modern interior,” said Mark Banks, developer/owner of The 404 Hotel and The 404 Kitchen.
Banks said the hotel’s five rooms will feature, for example, Turkish-T towels and robes, Malin + Goetz toiletries and Sferra linens. Each room is, according to the website, “appointed with a mix of vintage and custom furniture, loft space, and a rotating gallery of work by local artists.”
A quick scan of the site notes that to reserve a room for Friday, March 14, and for two adults, the rates are as follows: $425 for one of the four king suites with lofts and $350 for the one king suite.
Read more about the hotel here.
Kevin Walters reports that Franklin planning commissioners will vote this week on a proposal by Home2 Suites to build a six-story, 62,000-square-foot extended-stay hotel in Cool Springs. Home2 Suites' plans call for the project to include 105 rooms and a green roof and rise next to the Internal Revenue Service building on International Drive.
Moody's Investors Service has upgraded the credit rating on the Metropolitan Nashville Airport Authority's airport improvement revenue bonds from A2 to A1, MNAA announced today in a release.
Moody's also affirmed the A3 rating on MNAA’s consolidated rental car facility bond.
MNAA owns and operates Nashville International Airport (BNA) and John C. Tune Airport.
“This upgrade of MNAA’s bond rating underscores continued passenger growth, increasing visitor and convention traffic to Nashville and responsible fiscal management of our airports,” Rob Wigington (pictured), MNAA president and CEO, said in the release.
The Moody’s upgrade comes as BNA saw a January passenger number of 759,607, a 6.17 percent increase from the 715,425 mark of January 2013. Fiscal year to date, BNA’s passenger count number is up 5.83 percent compared to the number of the previous fiscal year.