Downey in negotiations to bring Marriott hotel to Firestone Boulevard
DOWNEY -- The city of Downey is in negotiations that could bring a SpringHill Suites by Marriott hotel to Firestone Boulevard, across from Stonewood Center.
If negotiations are successful, the hotel would be constructed on publicly-owned land at 9066 Firestone Blvd.
As proposed, the hotel would be four stories with a rooftop bar, business center, indoor pool and spa, more than 3,000 sq. ft. of meeting space, and up to 150 rooms.
Council members on Tuesday will consider approving an exclusive negotiating agreement with Kamla Hotels Inc. and Sharad Patel to negotiate terms of a sale. The vacant land was appraised at $2.525 million this past April, and that will be the sales price, officials said.
Kamla Hotels will pay a non-refundable deposit of $30,000 during the exclusive negotiating window, which lasts 180 days. The deposit will be credited towards the purchase price if a sales agreement is reached.
Facing a shortage of hotel rooms, Downey has been searching for a nationally-branded hotel to develop the site for at least a year.
In February, the city received three development proposals; one was deemed incomplete and the other did not offer "as desirable of a hotel brand," officials said. The third proposal came from Kamla Hotels.
The nearest SpringHill Suites hotel is at LAX. That hotel has received mostly positive reviews online, including 4 out of 5 stars on Expedia.