InterContinental Hotels Group (IHG) is set to expand its New York City footprint by opening a new Hotel Indigo in the Financial District, the company announced recently.
“The financial district has long been known for its commercial success, but it’s recently experienced significant cultural and residential growth, and we are so proud that we’re becoming part of the neighborhood,” said Mary Winslow, director, Hotel Indigo Brand Management, in a press statement.
Located on historic Maiden Lane between Nassau Street and Broadway in Lower Manhattan, the 25-story boutique hotel will be just a block away from the tallest building in the Western Hemisphere—the new One World Trade Center.
Owned by 10-12 MLane, LLC, the $32 million facility will be the fifth Hotel Indigo in New York City, joining IHG’s existing locations in Brooklyn and Chelsea and two additional hotels that the company plans to develop in the Lower East Side and Flushing, Queens. When open in 2016, the Hotel Indigo NYC Financial District will offer 190 guest rooms featuring plush bedding, hard surface flooring and spa-inspired bathrooms. Additionally, the hotel will have almost 1,500 square feet of meeting space, a fitness center and a rooftop lounge.
In October last year BuzzBuzzHome reported that 10-12 MLane purchased the four-story building at 8 Maiden Lane for $5.6 million from a company called Rusdan Operating Corp. which had owned the property for more than three decades. According to the source, 10-12 MLane selected architect Gene Kaufman to create the conceptual design for the 76,000-square-foot boutique hotel.