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Hunden Partners finds demand for an upscale, boutique hotel in downtown Zionsville; recommends ~80 rooms and 7,000 sq ft of function space
Summary
Hunden Partners delivered a feasibility study recommending Zionsville pursue an upscale, downtown boutique/full-service hotel — an initial scenario of about 80 rooms with roughly 7,000 square feet of function space was presented.
Hunden Partners presented findings from a hotel feasibility study commissioned by the Zionsville Redevelopment Commission showing demand for an upscale, downtown boutique or full-service hotel. Ryan Sheridan (Hunden Partners) summarized market analysis, stakeholder interviews (including Discover Boone County and local corporate leaders) and competitive benchmarking in the broader Indianapolis region.
Key recommendations: The consultant presented three modeled scenarios; the initial recommended scenario included about 80 rooms and approximately 7,000 square feet of function space (including a roughly 4,000-square-foot ballroom plus 3,000 square feet of additional meeting breakout rooms). Hunden noted that many…
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