A local business will be bringing a 120-room hotel to be built in the next phase of One Place in front of the BOK Center, Tulsa Development Authority commissioners were told Thursday.
Paresh "Pete" Patel, president of locally-owned Promise Hotels, said the $15 million development will provide about 50 jobs, not including construction work.
"We'd like to get you checked in by early 2016," Patel said to a TDA commissioner.
It's the fourth announcement of a downtown hotel development in recent weeks and the second by Patel.
The 86,000 square feet, 120-room hotel will connect to the other buildings at One Place and will not have dedicated parking.
Bob Eggleston, One Place developer, said parking is not required for the building and is available within a block of the planned hotel.
Eggleston said other major cities have downtown hotels which thrive without dedicated parking.
The planned Hampton Inn will be the third Hilton-brand hotel in downtown Tulsa, which includes Hilton Garden Inn -- currently under development by Patel's Promise Hotels.
Promise Hotels' ownership consists of nine hotels, 900 rooms and 250 employees in the Tulsa area, according to a release.
Construction will be managed by The Ross Group, a company with offices in Oklahoma City that managed construction of the Jenks' Oklahoma Aquarium.
http://www.tulsaworld.com/news/local/another-hotel-announced-today-for-downtown/article_3da7a1bc-5dca-11e3-8dc6-0019bb30f31a.html
