A 181-key Embassy Suites hotel planned for Atlantic Station has secured construction financing.
Canyon Partners Real Estate LLC announced it will provide a $38.7 million loan for the six-story hotel, set to rise at 17th and State streets. Horizon Hospitality Management Inc. is the developer.
The hotel will feature 3,000 square feet of meeting space, an indoor swimming pool, fitness center and a ground-floor restaurant. The project is expected to open in January 2021.
