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New York to Welcome Hotel Indigo

The 290-room hotel set for Lower East Side

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A joint venture between Brack Capital Real Estate (New York) and InterContinental Hotels Group (IHG, Atlanta) plans to turn a stalled development project at 180 Orchard Street into a 290-room hostelry with retail space and parking.

The property will be under the Hotel Indigo name, a boutique brand that is part of IHG, which includes InterContinental Hotels & Resorts, Crowne Plaza Hotels & Resorts and Holiday Inn Hotels & Resorts.

The new property is scheduled to open in 2013 and will include a restaurant, bar, state-of-the-art fitness center and outdoor pool.
 

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