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Lantern Commons PUD amendment introduced for five‑story L7 hotel and restaurant
Summary
Council heard an introduction for a PUD amendment to allow a five‑story L7 (Lotte) hotel and associated restaurant at Lantern Commons; project team described brand, estimated $50 million-plus investment and noted planning and parking issues will be worked through with staff and APC.
The council received an introduction of an amendment to the Lantern Commons PUD that would accommodate a five‑story L7 (Lotte) hotel and a standalone restaurant at the Lantern Commons site near 31 and 160 First Street.
Lauren Gillingham Teague introduced the petition as an amendment specific to Area D. Matt Skelton (attorney representing the owner) said the owner (Cardium Hotel 1 LLC as stated) seeks to develop a full‑service hotel and restaurant campus. Skelton described the L7 brand as a higher‑end, full‑service hotel (the applicant characterized the brand as a major Korean hotel operator) and estimated the project as a roughly $50,000,000‑plus investment.
Skelton and staff acknowledged architectural and parking details still require refinement. He said the applicant will work with planning staff and the APC (Advisory Plan Commission) to respond to initial architectural comments and finalize the parking analysis. The PUD amendment would waive certain overlay architectural standards in favor of the submitted elevations and renderings; the item will be scheduled for a Planning Commission public hearing on Feb. 3.
Councilors asked about the brand, parking interplay with adjacent Lantern Commons uses, screening and trash handling; the applicant said many details will be addressed in the APC process. The applicant said site construction could begin as early as this fall and estimated a 12‑ to 18‑month build window if approved.
Why it matters: the amendment could bring a nationally recognized hotel brand, meeting space and restaurants to Lantern Commons, with potential economic development and tourism benefits and local service‑level implications for parking and public infrastructure.
Ending: This item was introduced as a first reading; it will proceed through the APC public hearing and additional staff review before returning to council for formal action.
