October 9 2014 | Latest NewsBy: Robin Shannon, Reporter
A 165-room hotel development is apparently being planned inside an existing Central Business District office building.
According to Orleans Parish Conveyance records, Poydras Properties LLC intends to convert seven floors in the middle of the 24-story 1250 Poydras building into an extended stay hotel under the Hyatt brand.
Representatives from Poydras Properties were not available for comment.
Conveyance records indicate the company executed a commercial lease agreement on Oct. 2 with Waypoint NOLA for a portion of the ground floor of 1250 Poydras and floors 11 through 17 for the hotel conversion project. The area amounts to about 134,000 square feet of space within the building.
For the full story visit, CityBusiness.