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Convention Center-Arena Hotel
Decision
Down To Four

OmahaRiverFront.com
April 26, 2001
Last week, the field was narrowed to four candidates: Hyatt, Hilton, Marriott or Renaissance. All four indicate that public subsidies will be sought. The public may be asked to help finance the hotel through federal income-tax exemptions on bonds, direct city government subsidies or city guarantees in order to help repay bondholders should the hotel turn out to be unprofitable.

The hotel will be built across the street from the new convention center and will be connected by a skywalk. Omaha convention recruiters say their ability to attract large regional conventions depends largely on having an anchor hotel near the convention center.

All four proposals include amenities found in most convention hotels such as ballrooms, meeting rooms, restaurants, indoor pools and garages. Other statistics on the four finalists include:

  • Hyatt Hotels Corp. of Chicago would operate a 400-room hotel developed by the Tynan Group Inc. and cost $86 million.
  • Hilton Hotels Corp. of Chicago would operate a $66 million, 400-room hotel developed by Landmark Organization of Austin, Texas.
  • Marriott International Inc. of Dallas has proposed a 528-room hotel developed by Garfield Corp. of Dallas, Texas which would cost $99.8 million to build.
  • John Q. Hammons Hotels Inc. of Springfield, Missouri, would develop and operate a 400-room hotel carrying the Renaissance Hotel name. The cost would be $58.5 million.

The city's hotel selection committee consists of Bill Protexter, Mayor Daub's chief of staff; Roger Dixon, executive director of the Metropolitan Entertainment and Convention Authority; Paul Kratz, city attorney; Clare Duda, Douglas County commissioner; and Stan Timm, acting city finance director. A recommendation to the City Council is expected sometime around July 1st.

Omaha Convention Center-Arena Drawings

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