BOWLING GREEN, Ky. (WBKO) -- Many in Bowling Green were excited to welcome a new 108 room, four story Hyatt Place Hotel.
It's a project many wanted for a long time.
"We've had plenty of people take a look at it. It's been really working hard on that for at least four straight years, and so now with the culmination of this, there are a lot of people breathing a sigh of relief," said Doug Gorman, Warren County Downtown Economic Development Chairman.
"This is also a downtown Bowling Green hotel as well. So, this is going to be a major economic development opportunity for all of Bowling Green and for our campus as well. The TIF is WKU gateway to downtown Bowling Green. This is the bridge. This is the connector, and I'm very excited about the possibilities," said Dr. Gary Ransdell, WKU President.
The hotel is the latest addition to the TIF district that was an incentive program designed to boost downtown and bring revenue to the city. However, this hotel is another step in the process of bringing WKU and downtown together.
"It's almost going to be a seamless transition between WKU to private business to residential to grocery stores to all the things and back and forth, because we want to be able to serve the WKU community, just as the WKU community wants to serve the rest of Bowling Green," said Gorman.
WKU is planning on continuing this by building new apartments and other projects in the near future.
"We're really working to make this TIF vision become reality at both ends of the TIF, and yea we've got some things on the drawing board and things that we're thinking about that will be at both ends and also in the middle," said Ransdell.
Now, some hope this new hotel is just the beginning, with more big things to come.
Gorman said they're expected to see the benefits of the TIF very soon. He said they should get their first check from the state in a couple of weeks.