HomeNewsNewsRedevelopment would mean another hotel for downtown Lincoln | Local Business News

Redevelopment would mean another hotel for downtown Lincoln | Local Business News

A hotel is back in the plans for the Gold’s Building.

Mike Works, who bought the building at 11th and O streets for $5 million last fall, said he’s planning a ”limited-service hotel with first-floor restaurant and retail opportunities.”

The hotel will have approximately 100 rooms and will take up the six-story north part of the building.

Works, who has experience developing other hotels in Lincoln, including the Holiday Inn Express at Ninth and O streets that opened last year, declined to provide any other details about the hotel planned for the Gold’s Building.

A redevelopment plan announced for the building in 2019 had originally included a hotel, but that plan fell through because of the coronavirus pandemic. A subsequent plan to turn the building into apartments also fell apart when developers failed to get approval to use historic tax credits to help pay to add windows on the south side.

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