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New Hotel Coming To Bloomington
Updated May 9, 2013 7:30 PM | Filed under: Business
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(BLOOMINGTON) - A new hotel coming to Bloomington will get tax incentives from the city.

The Common Council approved an Enterprise Zone Investment Deduction for a developer planning on building a Springhill Suites.

The EZID will save the developer, Paul Pruitt of Bloomington, $350,000 per year or $3-and-a-half million over the course of 10 years.

The new hotel is being constructed on North College Avenue.

Pruitt says he plans to invest $18 million in the new, 158 room hotel, which is expected to employ more than three dozen people.

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