DOWNEY — City officials will exclusively negotiate for at least 180 days with a developer who has proposed a new hotel on the city’s long-vacant two-acre site at 9066 Firestone Blvd. near Lakewood Boulevard. Talks could be extended another 90 days if deemed appropriate.
Aldo E. Schindler, director of community development, said Kamla Hotels, a Downey-based corporation, was selected from three hotel proposals received in February and under study since then.
At issue in the talks will be the sale of the site, valued at $2.53 million to the developer and Kamla’s proposal to build a four-story, 120- to 150-room SpringHill Suites by Marriott.
The negotiating agreement, approved unanimously by council Aug. 25, calls for a $30,000 upfront, non-returnable good faith fee. If the plan is eventually approved, the fee will be used for pre-construction work at the site, Schindler said.
It will then be up to Kamla to finance and build the facility, he added.
Initial hotel plans call for a rooftop bar, a business center, more than 3,000 square feet of meeting space, a fitness center, an indoor pool and spa.
Schindler said the city has been planning a hotel project and went out for proposals in December 2014 at the direction of City Council.
The Kamla Hotel Corporation is based at 12644 S. Lakewood Blvd. Chairman and CEO is Dev Patel.
Another Kamla official, Sharad R. Patel, will head the developer’s negotiations.
— by Arnold Adler