Owensboro leaders announced Friday a project that will invest 44 million dollars in the city's downtown area. A key portion of that investment will be a new convention class Holiday Inn hotel, to be located on the west side of the newly planned convention center. In addition, Boardwalk Pipeline Partners LP has come to a preliminary agreement with the Riverfront Jam, LLC developers to relocate the Owensboro office to a downtown location.
Greater Owensboro Economic Development Corporation President Nick Brake says the 44 million dollar investment is the latest project announced as a result of a downtown plan approved in 2009 by Owensboro-Daviess County governments. A twenty million dollar Hampton Inn and Suites is currently scheduled to break ground next week in Owensboro, as well.