NEW YORK CITY-Catering to the re-emerging tourism market inLower Manhattan, a joint venture of Hidrock Realtyand the Robert Finvarb Cos. are developing a $100million Downtown hotel near the World Trade Center site,GlobeSt.com has learned. Slated to open in early 2015, thecompanies are planning to build a 30-story, 300-key tower at 133Greenwich St. just a block south from the 9/11 Memorial.

The 135,000-square-foot development will most likely be aflagged hotel, though a brand has not yet been chosen, according toAbraham Hidary, president of Hidrock, who tellsGlobeSt.com that Lower Manhattan has “all the ingredients” for agreat new development site.

“What’s being built in Downtown Manhattan is a city within acity,” he says. “It’s probably going to be one of the mostsophisticated, beautiful and modern cities ever built, and our siteis right in the center of all that action.”