A developer’s plan to build a 21 story, $120 million hotel at the foot of Canal Street is back on the block after getting denied by the City to demolish 4 buildings on the site.
The proposal was recently revived after seven months by City Councilwoman LaToya Cantrell, whose district includes the site.
The property is owned by the infamous Kishore “Mike” Motwani, a real estate and business owner known for his liquor store, tee shirt shops, and run down buildings. Motwani’s co-developer on the project is Minnesota-based Wischermann Partners.
The new renderings of show the structure without the 100 foot spire. From what we can tell, the new plan also calls for saving at least some of the historic buildings on site.
The old rendering: