Logansport visitors will likely have a new option when looking for places to stay -- one that overlooks the Eel River and neighbors Vibrant Event Center.
The city's redevelopment commission on Thursday accepted a bid by the Avaris Group to purchase 1.097 acres of land at 916 Race St. for $86,000.
According to the bid, Avaris Group plans to work with Cobblestone Hotels, a Wisconsin-based hotel franchise that has more than 160 hotels across 28 states.
Avaris will oversee the building's development, then Cobblestone will run the actual hotel.
A proposal submitted to the Redevelopment Commission showed Avaris Group hopes to construct 54 guest rooms, a wine and beer bar, offer a light fare breakfast service, and hold an indoor pool and fitness room at the hotel.
The project has a $10,358,500 budget, which comes out to $191,824 per room.
The hotel chain first expanded into the Hoosier state with a Brookville location. Another location is expected to open in Elwood.