Omni Hotel

[Pete]

Information & Latest News

SW corner of Robinson & Reno
status=proposed
cost=est $200 million
finish= est 2019
other= Recommended 735 rooms

3/28/15: Four finalists named
Dollar figures in millions

#	Entity	Flag	Rooms	Total Cost	Public Cost	Notes
1	Omni	Omni	600	$190.2	$70.5	$119.7 in equity; no debt. Remainder is public.
2	Marcus	Hilton	600	$210.0	$63 to $84	Operates the Skirvin; private equity 10-15%; private financing 50-55%
3	Matthew	Westin	600	$180.0	$50 to $90?	$90 private debt; $40 private equity; $50 private financing
4	Mortenson	Hyatt	600	$200.0	$80 to $120	Public investment of 40-60%

Links

Convention Hotel Study
Downtown Hotel Summary
Urban Project Summary
Gallery

1/7/15: New TIF District would fund OG&E HQ, convention garage and hotel
12/17/13: Consultant supports hotel plan