Great News for Memphis Tourists! A New Downtown Hotel!
MEMPHIS, Tenn. - The design of a new downtown Hilton hotel was revealed Wednesday.
The new Hilton will be built at the corner of Linden and Fourth, just south of the Fedexforum.
It will be 11 stories high with 290 rooms. It's estimated to cost between $68-$72 million.
Marlon Phoenix, who's developing the project, says downtown Memphis needs more top of the line hotels.
"We saw that a lot of things were happening in Memphis and people were staying in Tunica, and we saw an opportunity to build a first class hotel up here."
Construction is expected to begin early next year, and could take up to 20 months to complete.
The new Hilton will be built at the corner of Linden and Fourth, just south of the Fedexforum.
It will be 11 stories high with 290 rooms. It's estimated to cost between $68-$72 million.
Marlon Phoenix, who's developing the project, says downtown Memphis needs more top of the line hotels.
"We saw that a lot of things were happening in Memphis and people were staying in Tunica, and we saw an opportunity to build a first class hotel up here."
Construction is expected to begin early next year, and could take up to 20 months to complete.
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