The Chi Hotel Group announced Monday its plan to adapt the 105-year-old Boyle Building at the corner of Main Street and Capitol Avenue as a 144-room Aloft hotel at a cost of $18 million.
The announcement was made at the Boyle Building, which the group purchased from Main Street Lofts LLC, which plans to open its mixed-use Main Street Lofts this summer.
Chi Hotel Group spokesman Jacob Chi said that work on the transformation of the 12-story building will start in about five months, with completion expected in early 2016.
Plans call for an upscale restaurant and a separate coffee shop as well as a rooftop pool.
Read tomorrow's Arkansas Democrat-Gazette for full details.