A ‘very frustrating process’: Work on Wilshaw hotel in downtown Speedway has been at a standstill for five years.

Autor: Shuey, Mickey
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Zdroj: Indianapolis Business Journal. 9/6/2024, Vol. 45 Issue 29, p17A-21A. 4p.
Abstrakt: The Wilshaw hotel project in Speedway, Indiana has been stalled for five years due to a dispute over ownership. The project was intended to revitalize the downtown area but has faced communication issues, financial difficulties, and changes in partnership. Currently, the town is observing a foreclosure lawsuit brought by the firm that was supposed to take over the project. Despite attempts to resolve the situation, the future progress of the hotel remains uncertain. However, other development projects in Speedway are still progressing, and the town remains optimistic that a resolution can be found. [Extracted from the article]
Databáze: Regional Business News