Let’s build the new Hilton Conference Center and Hotel in Florence.
For Hotel
Operations
For
Construction
of Event
Space
Hotel Rooms
Total
Economic
Impact*
Annual
Impact*
Visitors
to Florence
*Total dollars flowing through the Florence economy because of The Hilton Conference Center and Hotel
Hilton has approached a local land owner to build a prestigious new Hilton Conference Center and Hotel in the heart of downtown Florence. The 120-room hotel will be uniquely personalized to the musical and artistic heritage that runs deep in our Shoals area. PCH, the premier management company running the Shoals Marriott has agreed to manage the property.
Let’s build the new Hilton Conference Center and Hotel in Florence.
For Hotel
Operations
For
Construction
of Event
Space
Hotel Rooms
Total
Economic
Impact*
Annual
Impact*
Visitors
to Florence
*Total dollars flowing through the Florence economy because of The Hilton Conference Center and Hotel
Hilton has approached a local land owner to build a prestigious new Hilton Conference Center and Hotel in the heart of downtown Florence. The 120-room hotel will be uniquely personalized to the musical and artistic heritage that runs deep in our Shoals area. PCH, the premier management company running the Shoals Marriott has agreed to manage the property.
A Hilton Conference Center and Hotel will be a tremendous win for the people of Florence, generating over $600 million in positive economic impact over thirty years. We’ll benefit with substantial new tax income from visitors. New job and career choices for residents. Plus new meeting and event options in a state-of-the-art conference center.
The Hilton Conference Center and Hotel
Economic Impact Analysis
A project of this size and scope depends on the city’s leadership and participation. How does the city help with this project? Alabama law says the city can “lend” the project their very low cost of access to capital. This lets the project get (literally) off the ground and pay for itself. Yes, the project will require upwards toward $70M in investment but will yield more than a HALF BILLION DOLLARS in benefits! Benefits that stay right here at home, providing jobs and economic security for our own families, and economic growth for our city, which lags behind many of our other AL communities.
How is the city protected? Simply put, the city’s initial investment can be protected by several different guarantors and revenue agreements that assure the city’s investment is safe. Working together with the city council and mayor to plan and build out the best combination of protections is a win for everyone in Florence and the Shoals area.
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Answers to your most frequently asked questions
A: The Hilton will be located at 400 S Court St, the corner of Court St & Dr.Hicks Blvd removing the old Days Inn. Shoals music history buffs will also recognize this address as where a little music history was made between Aretha Franklin, Rick Hall, and Jerry Wexler!
A: An executive conference center refers to a more upscale facility that accommodates groups up to 250. This group size is often more difficult to serve at larger venues geared toward serving 500 to 1000 guests. PCH sees this as part of their new vision and have identified Florence as the first of its type in Alabama.
A: The Florence community is unique in Alabama which offers a great opportunity for this Hilton to thrive. Florence will be only the second city in Alabama, behind Mobile, with two PCH conference hotels.
A: No. The conference center will be under local ownership. As the project moves forward this ownership is likely to include more local partnerships that will only increase the local ownership and local stake in the property.
A: For the past number of years, the Shoals Marriott has seen a 90%+ occupancy rate in-season and has consistently maintained a 65%+ annual average. The Shoals area misses out on events and conferences each year due to either a lack of rooms, or a facility sized to accommodate profitable “executive” conferences.
A: Yes! Local contractors will bid this work. The hotel builders will observe the City of Florence Ordinance providing local contractors and suppliers with price protections.
A: Independent studies project that more than 55,000 more visitors will come to the Shoals each year because of the Hilton facility. And, 27,000 of these will be visitors who are visiting for the very first time.
A: $14.2 million dollars per year will be spent locally substantially impacting Florence’s downtown.
Let your voice be heard! Send a message to the Florence City Council showing your support for The Hilton Conference Center and Hotel. Visit our Facebook page to share your thoughts with others. Tell your friends and family to visit this website. We want everyone in Florence to stand up for this project!
YES, I support building a new Hilton Conference Center and Hotel in Florence with city participation. LET’S STAND UP FOR DOWNTOWN!
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