$29 million hotel proposed for The Elsby Building in New Albany
Anticipated to open in the spring of 2025, the hotel will be a $29 million investment. Construction is set to begin this spring.
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Anticipated to open in the spring of 2025, the hotel will be a $29 million investment. Construction is set to begin this spring.
Article - The Elsby Hotel to Open Spring 2025 in New Albany, Indiana As Part of the Tapestry Collection by Hilton - Located at 117 East Spring Street in New Albanys Downtown Historic District, the hotel is an adaptive reuse of the Elsby Building, a 100-plus year-old building that previously housed office space.
In Spring 2025, The Elsby Hotel will debut as a full-service, 82-room boutique hotel in the heart of New Albany, IN. Located at 117 East Spring Street in New Albany's Downtown Historic District, the hotel is an adaptive reuse of the Elsby Building, a 100-plus year-old building that previously housed office space. It was purchased in June 2021 by co-owners Steve Resch, of Resch Property Group and Resch Construction, and Chad Sprigler, of The Sprigler Company, both based in New Albany. With a total development budget of $29 million, renovation and new construction will begin in late Spring 2023....