$17M Hampton Inn & Suites Baton Rouge Downtown Opens
- Apr 24, 2013
After experiencing some delay, the 137-key Hampton Inn & Suites Baton Rouge Downtown is finally set to open. Located on the corner of Lafayette and Main Streets, the property will be the third hotel to be built or renovated on Lafayette Street.
The $17 million project was initially set to open in late 2012 but was pushed back to late first quarter of 2013, with May 1, 2013 now set as the final opening date. It joins the Hotel Indigo Baton Rouge Downtown boutique hotel and the 290-key Hilton Baton Rouge Capitol Center on the Lafayette Street lodging corridor. The latter sold a few months ago for $40 million; click here for further information on the transaction.
Located in the center of the state capital’s central business district, the seven-story hotel offers expansive views of the Mississippi River and the CBD. Amenities include a 24-hour business center, Jump Start Fitness center, three flexible meeting rooms totaling 930 square feet (with the largest room featuring 900 square feet of meeting space), a board room seating 14 and high-speed Wi-Fi throughout. Covered parking will also be available onsite.
The hotel was built by Windsor/Aughtry Co., a commercial real estate developer and brokerage firm headquartered in Greenville, S.C., and Baton Rouge developer Richard Preis. Windsor/Aughtry has previously developed four Hampton Inn & Suites in Gainesville, Fla., Tallahasee, Fla., Greenville, S.C. and Columbia, S.C.
According to wbrz.com, Hampton Inn & Suites Baton Rouge Downtown broke ground in late 2011 and is expected to create 50 new jobs in the area. Financing for the projects was provided by private funds, as well as city-parish loans and tax credits. The Baton Rouge Downtown Development District was also involved in making the project a reality.
For more Baton Rouge market data click here
Image courtesy of Hampton Inn & Suites Baton Rouge Downtown’s Facebook page