Besides 116 guest rooms, the hotel will also contain two meetingrooms, a boardroom, an exercise room, a pool area and a restaurantand lounge area. Corus Bank, a banking subsidiary of Chicago-basedCorus Bankshares, agreed to provide a $6.9-million constructionloan to finance acquisition and construction costs related to theproject. The hotel will be the third project financed by Corus forentities affiliated with First Hospitality Group.

First Hospitality Group, based in Des Plaines, IL, is a hotelmanagement firm that is focused on hospitality projects throughoutthe Midwest. Completion is planned for early in 2005, according tocity officials.

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