Somerset hotel project approved for incentives

FRANKFORT, Ky. (AP) — The Kentucky Tourism Development Finance Authority has approved incentives for a 105-room hotel development in Somerset.

Somerset Center Hotel plans to develop a Courtyard by Marriott adjacent to the Center for Rural Development in the southern Kentucky city.

State officials said Wednesday that the $11.5 million project qualifies for incentives of $2.55 million in the form of a tax rebate over 10 years.

The officials said a consultant’s report on the Somerset project found it met the requirements necessary to receive incentives.

The proposed hotel will have an indoor pool, business center and reception area.

 

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