Case Study
Blackstone Hotel & Mixed - Use Feasibility, Fiscal Impact & Incentives Analysis
Blackstone Hotel & Mixed-Use Feasibility, Fiscal Impact & Incentives Analysis Omaha, Nebraska HSP worked with a private developer to conduct a thorough market analysis for renovation and expansion of the Blackstone Hotel in downtown Omaha. The renovation was proposed to include a boutique hotel with a rooftop deck and additional retail and restaurant offerings. HSP conducted a full hotel and mixed-use analysis including an economic, employment and fiscal impact analysis. HSP also assisted the client with identifying potential funding methods and conducted an incentives analysis. Due to the strong performance of the Omaha hotel market in recent years, a variety of select-service hotel properties have entered the market. HSP considered supply and demand issues, competitive issue