Sale of unfinished Marriott Springhill Suites closing soon
The Butler Redevelopment Authority is expected to take action Monday on the closing of the sale of the unfinished Marriott Springhill Suites downtown to a new owner.
J.S. Capitol, the current owner and developer, is in the process of selling the hotel for $7.3 million-plus to a buyer who has not been publicly identified.
Authority solicitor Thomas Breth said the goal of all parties involved is to close the sale this month. He and the board planned to discuss the closing during an executive session held after Thursday's regular meeting was recessed.
The meeting will reconvene 2 p.m. Monday, when the board anticipates taking action on the closing, Breth said.
Though he said the opening date of the hotel will be decided by the new owner, Marriott's website says it will open in March 2018.
Check-ins are not currently being accepted and room rates are not posted on the website.
The pool has been filled and beds are being assembled and installed, Veronica Walker, acting executive director of the authority, said. Exterior work including installing signs and benches and planting a tree has also not been completed, she said.
A full story appears in Friday's Butler Eagle.
