Dora Brothers Plans Two Hotels Near New Indianapolis Stadium
INDIANAPOLIS, IN, February 05, 2006. Demolition on several vacant warehouses west of the new Stadium here will begin this week, making way for two new hotels. Tim and Bob Dora of Dora Brothers Hospitality Corp. purchased a 2-acre parcel from the city for $2.2 million for their new hotels.
Tim Dora said city officials helped the company find and acquire the land after it was forced to sell its Comfort Inn at 530 S. Capitol Ave. under eminent domain laws. The hotel was in the footprint of the new stadium. The state paid the Dora's $12.8 million for the 143-room hotel.
The two new hotels- an eight-story, 113-suite Staybridge Suites and a six-story Comfort Suites Hotel with 135 rooms, both in the 500 block of West Street- are within walking distance of the stadium.
Dora Brothers owns hotels across Central Indiana, including in Fishers, Carmel and Plainfield. The company also owns the Best Western at 410 S. Missouri St., south of the RCA Dome, and is converting it into a Holiday Inn Express this summer.
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