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Eight-story hotel planned for Oklahoma City's Automobile Alley
Add a hotel to the development mix along Automobile Alley with the sale Monday of a prime stretch of long-vacant land along NW 6 just east of Broadway.
Sirius Hotels LLC paid $1.24 million to two entities led by developer Jonathan Russell for the vacant land at 12 NW 6.
A representative of the buyer who asked not be identified said Monday that plans call for building an eight-story TownePlace Suites by Marriott with between 130 and 160 rooms. TownePlace is an extended-stay hotel with more than 300 locations nationwide. Construction is expected to start in early 2019.
The hoteliers were attracted to the site for its location along the future streetcar system, proximity to the hospitals and office park east of Interstate 235, downtown and St. Anthony Hospital. They also believe the hotel is a good fit with the area's “local flair” that includes restaurants, shops and headquarters for several creative firms.