The Edmond Sun reports the City of Edmond and Covell I-35 Development LLC are about to close on a property exchange for a hotel-conference center site, said Janet Yowell, executive director of the Edmond Economic Development Authority.
“We are anticipating an October or November groundbreaking for the hotel and conference center,” Yowell told the EEDA board Tuesday morning.
The Edmond City Council in October approved a proposal by Covell I-35 Development LLC concerning a property exchange for the hotel-conference center site. Covell/I-35 Development LLC is developing infrastructure for the $25.5 million Hilton Garden Inn farther west, within the northwest corner of I-35 and Covell.
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