Will the city of Bloomington become part-owner of a downtown hotel? Here's what we know

City officials already have approved spending that money on aspects including a preliminary design, but they are weighing other “incentives” that may involve transferring or selling all or part of the property the city owns just north of the convention center and for which the city paid $7 million.

A city official recently floated the idea of the city becoming part-owner of the hotel.

Last fall, the the Monroe County Capital Improvement Board, which oversaw the convention center expansion, chose Dora Hospitality as the hotel developer.

Vincent Dora, president of the company, said via email this week that all of the parameters the company pitched to the CIB last year are still in the plans today: A full-service hotel that would include 10,000 square feet of commercial space, 200 spaces of below-ground parking, a 125-seat restaurant, a coffee shop accessible from a Third Street promenade and a 35-seat “destination rooftop bar.”