MISSOULA, Mont. — A developer is planning to build a nearly $21 million hotel with 105 guest rooms in downtown Missoula.
The Missoulian reported Monday that developer Andy Holloran and a group of investors plan to ask the Missoula Redevelopment Agency for about $1.9 million in tax increment financing for the project.
They aim to tear down a building currently at the downtown site, salvage its materials for reuse, relocate utilities and improve the public right of way.
The developer plans to open the six-story AC by Marriott hotel in late 2020. The hotel will feature a rooftop terrace and bar as well as basement space for a restaurant.
Agency officials say the hotel is expected to create about 33 full-time jobs.
Information from: Missoulian, http://www.missoulian.com
The Associated Press