By Sadie Hunter
At its Feb. 16 meeting, the Noblesville Plan Commission forwarded the development plan for a hotel and the city’s first potential convention center.
To be built on 15 acres on the southeast side of Noblesville, east of Hamilton Town Center, the proposal by Sun Development & Management Corp. would bring a 198-room, seven-story hotel and 20,000-square-foot convention center, along with five commercial outlots.
Within the plan, the developer is requesting several waivers – many because of size and scope. For example, typical signage for a development in the corporate campus would have a maximum area of 500 square feet. However, the developer is requesting 3,050 square feet of signage to be allowed because of the potential need for signage on the commercial outlots and an increased amount because of the size of the hotel and convention center.
The project was first introduced to the Noblesville Common Council in fall by the Mayor’s Office, and at the council’s Oct. 13 meeting, more than $6 million – to be paid through a bond issue – in investments by the city were approved, along with a 10-year tax abatement plan to Sun Development Management Corp, to end in 2029.
Approximately $4 million of the $6 million would be an investment into the conference center, which would have the capacity to hold up to 1,000 people, according to Sun Development CEO Bharat Patel.
The hotel, an Embassy Suites, would also house an additional 5,000 square feet of conference and meeting space, and both facilities would bring approximately 70 full-time jobs and up to 25 part-time jobs.
In October, city attorney Mike Howard said the land had an assessed value of approximately $34,000 as farm ground but that the investment would garner in excess of $30 million.
If approved, both the hotel and conference center are expected to open by the end of 2017, with construction beginning as early as this spring.
The Noblesville Common Council will vote on the development plan at its Feb. 23 meeting at 7 p.m. in the City Hall Council Chambers, 16 S. 10th St., Noblesville. To see an agenda for the meeting, visit www.cityofnoblesville.org.