ANCHORAGE (KTUU) - A five-star hotel is expected to rise in downtown Anchorage on 6th Avenue and construction could begin as early as May.
Now, the future home of the project hosts the People Mover Space and a parking garage.
According to Melinda Gant, the Anchorage Community Development Manager, the Public Relationships and development manager, the hope for the added housing and businesses is to revitalize the area.
"We are hoping that when we get this project completed it will be a trickle effect or a domino effect to see what other blocks can be transformed into a better area," Gant said.
Hotel Indigo is a national chain that will operate the 178-room hotel. There will be 32 apartments, both one-bedroom, and two-bedroom units, available for lease.
Right now, planners are hearing out public comments during meetings. One of the questions raised was about parking.
According to Gant, the hotel will not affect the amount of parking in the 6th Avenue garage.
The construction process is expected to take between 12 and 18 months. According to Gant, about 60 percent of the construction will take place in the state.
The rest will be built out-of-country. Modular rooms will be pre-built in China and shipped to Anchorage.
Gant said that the area can be "problematic" in front of the transit station.
"There have been development opportunities that haven't been able to move forward because of the transit center issues and the safety issues," she said. "So we are hoping that when we get this project completed it will be a trickle effect or a domino effect to see what other blocks can be transformed into a better area."
The transit center will be temporarily relocated during construction. When it returns to its 6th Avenue location, it will be reduced in size.
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