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Two teams pitch competing plans to reopen downtown Trenton hotel; Hyatt‑centric and Radisson/Expo proposals presented
Summary
Two developer teams presented competing plans to reopen and redevelop the vacant downtown hotel, offering distinct programs: a Hyatt Centric full‑service conversion that cites a large ballroom and community integration, and an Expo‑focused Radisson/Choice proposal that pairs hotel rooms with a permanent trade‑show center and culinary/retail amenities.
Two competing development teams gave the Trenton City Council presentations Wednesday outlining plans to reopen and redevelop the long‑vacant downtown hotel.
Millstone Holdings LLC (presenters led by George Alexander with operator partner TKO Hospitality/Costas Caliguroplos and developer Peter Abrams) proposed reopening the property as a Hyatt Centric full‑service hotel. The Millstone team said it would reduce the hotel’s current 197 rooms to about 150 rooms plus 20–30 extended‑stay suites, emphasize a 6,000‑square‑foot ballroom for weddings and events and operate food, beverage and live entertainment venues on site. The team estimated a renovation budget in the neighborhood of $30 million and said it had development partners and brand approval discussions underway with Hyatt.
"Our goal is to bring here an international brand with a powerful name that will enhance your location in the city center," Costas Caliguroplos of TKO Hospitality said, adding that Hyatt Centric would aim to engage local residents and local hiring…
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