The Allentown, Pa., Neighborhood Improvement Zone Development Authority has given initial approval to a $16.6 million plan to renovate the city’s Holiday Inn hotel.
City Center Investment Corporation (CCIC), which plans to complete its purchase of the 35-year old property by the end of the year, will cut the current number of rooms by more than half, creating a 100-room hotel with expanded meeting rooms, a renovated lobby and exterior, and other features, as well as approximately 30,000-sq ft of office space. The hotel, which would remain open during the estimated year-long renovation project will also be rebranded and operated under a new name to attract business travelers.