Memphis could be getting a new hotel at a prime Downtown location.
Turkey Creek Hospitality has signed a licensing agreement with Hilton Worldwide to develop a 140-room Hilton Garden Inn at 235 Union Ave., the site of a former structured parking facility at the corner of Union and Fourth Street. Knoxville-based Turkey Creek Hospitality would own and operate the new hotel.
According to Shelby County property records, Nitinkumar Patel purchased the property in September for $1.4 million. The Shelby County Assessor of Property’s 2013 appraisal of the site is $747,200.
A new hotel would be welcome news to the local convention industry, which has struggled with an outdated Memphis Cook Convention Center and a shortage of hotels concentrated in the Downtown Core.
However, two planned Downtown hotels announced in recent years – both Hilton brands – were never built. Hilton announced agreements to build a 118-room Hilton Garden Inn at Second Street and Linden Avenue, and a 300-room Hilton at Fourth and Linden, but neither project materialized.