Indianapolis-based Sun Development and Management Corp. is planning a $30 million project in Noblesville. The company says the 198-suite Embassy Suites by Hilton will create 70 full-time jobs.
The hotel property will span more than 15 acres and stand up to eight floors tall. It will include around 25,000 square feet of conference and meeting space. The development will be divided into seven lots, with three planned to be marketed and sold to restaurants. Construction is set to begin in the spring and last about 18 months.
Sun Development and Management Corp. Chief Executive Officer Bharat Patel says the Interstate 69 Northeast corridor has grown rapidly over the last 10 years, but doesn’t have a full-service conference center hotel. He says that makes the location an ideal spot "to fill the void given this tremendous growth and anticipated future growth of the metro area."
The city says the new hotel will help it capitalize on a growing number of visitors. Hamilton County Tourism says 2015 has been a record year for hotel stays, saying demand is up 2.9 percent. Noblesville Mayor John Ditslear says the hotel will serve "a higher standard of businesses interested in coming to our city."