Omni buys out Cordish, plans 30-plus-story hotel, apartment complex

Omni Hotels & Resorts plans to build a 30-plus story building with a 600-room hotel and 225 luxury apartments in the Water Company block in downtown Louisville. In addition to the four-diamond hotel and apartments, the $289 million complex will include a grocery store, two restaurants, a lobby lounge, 70,000 square feet of meeting space, a rooftop cafe and a spa, fitness center and swimming pool, according to a news release from Louisville Mayor Greg Fischer. The project is expected to create 765 construction jobs and to be completed by March 31, 2018.

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