Another hotel could be built in New Albany.

The New Albany Planning Commission on Wednesday, Jan. 22, will review the final development plan for a Holiday Inn Express & Suites at the northwest corner of state Route 161 and Beech Road.

The applicant, EMH&T, declined to comment about the project.

According to the development plan, the 15,125-square-foot, 4-story, 96-room hotel would be constructed on 3.57 acres.

The hotel would be the first in the Beech Road corridor, said city spokesman Scott McAfee.

It also would be near several businesses in the New Albany International Business Park.

“It will be a nice amenity, particularly for the businesses in that vicinity of the business park, and it will be another option for residents and visitors, as well,” McAfee said.

Three other hotels in New Albany are west of the Beech Road site and in proximity to one another along Forest Drive: the Courtyard by Marriott Columbus New Albany at 5211 Forest Drive, Hampton Inn & Suites New Albany Columbus at 5220 Forest Drive and Home2 Suites by Hilton New Albany Columbus at 5095 Forest Drive.

The city has a 6% bed tax assessed on the price of hotel rooms, according to McAfee.

“By state statute, a visitors and convention bureau or (organization with a) similar function receives a minimum of 25% of these funds to promote community activities,” he said.

In New Albany, that organization is the New Albany Chamber of Commerce, McAfee said.

In 2019, the city’s bed tax generated $586,464, he said. Of that total, $439,848 went to the city’s general fund and the remaining $146,616 went to the chamber for promotional purposes, he said.