Upscale hotel chain to occupy Downtown's former Artisan Hotel
POSTED: Saturday, June 14, 2014 - 9:10pm
UPDATED: Monday, June 16, 2014 - 8:52am
EL PASO (KTSM) — A piece of Downtown El Paso's skyline will soon be home to a new upscale hotel chain.
El Paso city officials confirmed Hotel Indigo will occupy the building that once housed the now-bankrupt Artisan Hotel.
Hotel Indigo, a boutique hotel chain, is part of InterContinental Hotels Group, home to the Holiday Inn brands.
The 12-story, dark-windowed Downtown building, which sits at the corner of North Kansas and East Main, is currently undergoing a $9 million renovation, according to City officials. The property has approximately 120 rooms.
Javier Camacho of the City Development Department called the project a major win for El Paso.
"We are very excited about it," Camacho said. "Redeveloping a building like the Artisan Hotel...was a major risk, but one that will be worth it."
El Paso developer Esperanto Developments received more than $3 million in city incentives to get the project off the ground. Multiple calls to Esperanto CEO Madhi Nair have gone unreturned.
According to the IHC website, each Hotel Indigo property "is designed to reflect the sights, sounds and character of the neighborhoods where (they're) located... from the art on the walls to the locally influenced food and drink."
Camacho said Nair is expected to sign the franchise agreement within the next 10 days.