Commissioners to vote on development of Convention Center Hotel

  • Sep 23, 2016

MANATEE COUNTY, FL – (September 23, 2016) – Manatee County in partnership with the City of Palmetto, Palmetto’s Community Redevelopment Agency and Improvement Network Development Partners, LLC (INDP) are working on plans to construct a 250 room hotel on the property adjacent to the Bradenton Area Convention Center.The Board of County Commissioners will vote on entering into the Development Agreement on Tuesday, September 27th at 1:30pm.

 The Development Agreement calls for the County and INDP to negotiate a Hotel Land Lease Agreement setting forth the terms for the developer to construct and operate a full service hotel and related amenities on specific portions of the current Convention Center property and an adjacent property to be acquired by the developer.

 

The proposal is for a full service hotel that totals approximately 204,150 square feet.  The six story building will be constructed on the Convention Center parcel located at One Haben Blvd. Palmetto, Florida in Manatee County. A total of over 17,000 net square feet of public function space is proposed including an 8,000 square foot ballroom. A full service restaurant occupying 4,150 square feet and totaling 240 seats is also proposed.

 

The hotel is designed to be consistent with the local architecture and will complement the existing Bradenton Area Convention Center.  According to the developer the hotel will feature concierge services to direct patrons to the many amenities available in the surrounding communities, resulting in a positive economic impact for the area.

 

“The agreement that County Commissioners will consider on Tuesday represents a unique public-private partnership that will bring more tourism to Palmetto, business to the Convention Center and economic benefits to our entire community,” said County Administrator Ed Hunzeker.

 

In addition to the negotiations with Manatee County, the developer has been working closely with Mayor Shirley Groover Bryant and her team at the City of Palmetto and the Community Redevelopment Agency to bring this project to fruition.  "Palmetto has been working very hard on redevelopment and strengthening our infrastructure, thus positioning the city for a bright future.  Visitors to the Convention Center as well as residents county-wide have long awaited the reality of a hotel in this location,” said Palmetto Mayor Shirley Groover Bryant. “The hotel will serve as a driving force and anchor for other projects that are already on different drawing boards currently working their way forward,” she added. 

 

Bradenton Area Convention and Visitors Bureau Director Elliott Falcione agrees the hotel will be a benefit to the area, "A convention center hotel will no doubt enhance the urban core redevelopment plans by helping bring in conferences to our beautiful community.”  Both cities have communicated confidence working with INDP.   Elliott Falcione expands, "We believe we are working with an experienced quality hotel developer that knows what it takes to build a headquarters hotel that will stimulate our local economy on a year-round basis".

 

 

 

About the Bradenton Area Convention Center

 

Located on the scenic Manatee River, this flexible full-service facility has the space and the staff necessary to make events an overwhelming success. An ideal location for everything from seminars, banquets and trade shows to sporting events and concerts, the Bradenton Area Convention Center has a professional and friendly staff that is ready to assist in planning and overseeing a diverse range of functions.

 

 

About Improvement Network Development Partners

 

Improvement Network Development Partners is a real estate development firm based in Fort Worth, Texas with satellite offices in the San Francisco Bay Area. They are committed to innovative design and high quality construction. InDevelopment Partners brings an impressive and qualified team with multiple hotel developments to their credit. The hotel plan includes utilizing the local work force and will add jobs resulting in a positive impact on the region’s employment.

 

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