Update on Hotel Madison

A 205-room hotel and 21,000 SF conference center might be built on South Main Street between Grace Street and Cantrell Avenue through a public-private partnership. This $40 million project could result in over $1 million in tax revenues for the City during its first year of operations per a feasibility study recently provided to the City. The City of Harrisonburg is being asked to pay for $10 million of the project, which would cover the cost of the conference center. The developer would build the hotel and conference center on JMU-owned land in the location described and shown above.
As a side note, this is being described as a downtown hotel and conference center --- though the corner of Cantrell Avenue and South Main Street doesn't quite seem downtown to me --- or to the creators of the downtown maps.
Read more about this project....
- Dec 2013: Downtown Hotel Figures Submitted (Daily News Record)
- May 2013: Conference Center Details Line Up (Daily News Record)
- Jan 2013 - City Council asked the developer to conduct a feasibility study
- Nov 2012 - No new proposals were received.
- Sept 2012 - City Council discussed proposal, decided to seek competing proposals.