A former car dealership may be the site of a new hotel development in Pasadena, Calif., according to this report from the Pasadena Star-News.
Developer J & K Plus Investments LLC plans to erect a 400-room hotel with 10,000 square feet of commercial space on the ground floor on the north side of Colorado Avenue. The space of the former dealership, located on the south side of Colorado, may be utilized for a a 120-room boutique hotel or a residential project. City Council has approved a contract for an environmental study for the project.
“There is actually a need for a significant expansion of hotels,” said City Manager Michael Beck. “Actually one of the limiting factors the Convention Center has is there is not enough surplus capacity in the existing inventory for them to be able to set aside for large conferences. We only have about 2,500 hotel rooms in the city and we are a major destination for business activity and business travel as well as leisure travel.”
If approved, construction on the project would not begin until at least 2015.
