NOLA's city planning denies $120M hotel development

Kishore Motwani of New Orleans and developers Wischermann Partners of Minneapolis have lost out on their attempt to develop a project that would ultimately include two Marriott-branded hotels. The developers had sought a conditional use permit and the demolition of three historic buildings, but it was rejected by the City Planning Commission, reports Canal Street Beat.

There reportedly was major opposition to the development from neighbors and historic preservationists. 

The property is owned by Motwani, a real estate and business owner. Motwani’s co-developer on the project is Minnesota-based Wischermann Partners.

The 373-key Residence Inn and Springhill Suites would have included an outdoor pool on the fifth floor, a restaurant on Tchoupitoulas Street and a 168-spot parking garage on the first four floors.

FREE DAILY NEWSLETTER

Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

Suggested Articles

Expenses are outpacing revenue growth, decreasing profits for hoteliers across Europe.

Target markets in the state of Gujarat include Surat, Baroda and Gujarat International Finance Tec-City.

The one-day event will focus on related hospitality concepts such as hostels, co-living, co-working, student accommodation and serviced apartments.