ALBUQUERQUE, N.M. — An LA-based hotel restaurant company plans a $22 million historic rehabilitation to the 1965-built Downtowner Motor Inn — formerly The Hotel Blue — to transform the 8th and Central site into a new, boutique place to stay.
ARRIVE Albuquerque, part of ARRIVE Hotels & Restaurants, plans to hire a local contractor to renovate the hotel with support of city issued Industrial Revenue Bonds, officials said in a news release.
The project is expected to help meet higher demand for downtown hotel rooms that has forced the Convention Center to miss some opportunities, according to the release.
“From creating a sense of place to increasing public safety to creating more jobs for locals, public-private partnerships like this one to redevelop important spaces in our community have positive impacts for Albuquerque,” said Mayor Tim Keller in a statement.
ARRIVE Albuquerque is planning to restore the six-story, 75,000 square-foot building to its original historic exterior.