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RDC to help with infrastructure needed for new Spiceland hotel

By DARREL RADFORD - dradford@thecouriertimes.com

Momentum continues to build for construction of a new hotel in Spiceland.

Recently, the Henry County Redevelopment Commission approved $300,000 in “obligated funds” be added to the Spiceland/Draper development area and earmarked for infrastructure and support of the Spiceland Hotel Project.

It’s the latest in a series of governmental “green lights” to make the project, spearheaded by John Montgomery, a reality.

The 59-room Radisson facility, a Country Inn & Suites, would be located behind Montgomery’s Steakhouse. Tax abatement on the $10 million project has already been approved by the Spiceland Town Council, giving the facility 100 percent abatement for the first five years.

Montgomery said at the annual Henry County Convention and Visitors Bureau luncheon earlier this month that the local economy misses out on “about 13,000 rooms annually” due to the lack of quality lodging facilities.

The new hotel being planned will be a three-story facility and include a full indoor pool.

In other recent business, New Castle-Henry County Economic Development Corp. President Corey Murphy received authority to begin a process of establishing two new “Allocation Areas.” Murphy said one would be the Hissaydar properties and the other around Marlatt Field, the local airport. He will work with Lisa Lee at Ice Miller and Jason Semler at Baker Tilly Municipal Advisors LLC to start creating the documents needed.