This new AC Hotel is preparing to open in Louisville, Ky.

A rendering of the AC Hotel Louisville Downtown. Photo credit: Marriott International (The five-story, 156-room hotel was developed using modular construction techniques and is located at the north corner of Market and Shelby Streets, in the heart of the NuLu neighborhood.)

The AC Hotel Louisville Downtown, located in the NuLu (New Louisville) neighborhood at 727 East Market Street, is accepting reservations for Wednesday, May 2. The new five-story hotel, located among NuLu’s shops, restaurants, bars and art galleries, is making final touches before opening its doors.

The hotel, which was developed using modular construction techniques, is located at the north corner of Market and Shelby Streets in the heart of the NuLu neighborhood. AC Hotel Louisville Downtown will have a European-inspired design and décor package, and its design will have an emphasis on technology.

“We are elated to open our doors to guests and visitors,” Mike Reidy, GM, of the hotel, said in a statement. “Our location, in the heart of NuLu, is a great opportunity to invest in this thriving district and help support nearby businesses as we are able to offer our guests a range of entertainment and cultural experiences right outside our doors and across all of Louisville.”

The five-story, 156-room hotel is 73,000 square feet, with a 195-parking space garage. The property is being developed by The 725 Partners: Ron and Mollie Turnier who founded Creation Gardens; Rob Webber, chief operating officer of Creation Gardens; local developer Terry Chynoweth and Steve Kersey, lead architect and partner of Kersey and Kersey.

Concord Hospitality Enterprises, based in Raleigh will manage the property, which will operate as an AC Hotel by Marriott brand. Assisting with the financing are the Whitman Peterson real-estate investment and management company and the Bluegrass International Fund.