FACILITIES

Hotel Development Agreement With Omni Hotels Withdrawn

The State Bond Commission agenda identified Omni Hotels Development Company, LLC as a party to a hotel development agreement involving an $80 million authority contribution, a payment guaranty of up to $120 million, and an estimated $2 million annual PILOT for 45 years. The item was withdrawn before or at the meeting.

Document date · August 20, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
$80,000,000 funding; payment guaranty not exceeding $120,000,000; currently estimated $2,000,000 annual PILOT
Contract type
FACILITIES
Contract term
45 years
Document type
Agenda
Source document
State Bond Commission Agenda 2026-08-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Louisiana Bond Commission | State of Louisiana?

Omni Hotels Development Company Llc was awarded this facilities contract by Louisiana Bond Commission | State of Louisiana, as recorded on August 20, 2026. The contract value is $80,000,000 funding; payment guaranty not exceeding $120,000,000; currently estimated $2,000,000 annual PILOT.

How much is the Omni Hotels Development Company Llc contract with Louisiana Bond Commission | State of Louisiana worth?

The Omni Hotels Development Company Llc contract with Louisiana Bond Commission | State of Louisiana is valued at $80,000,000 funding; payment guaranty not exceeding $120,000,000; currently estimated $2,000,000 annual PILOT, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agenda record.

Where was this contract approved?

This contract appears in State Bond Commission Agenda 2026-08-20 (Agenda), dated August 20, 2026 from Louisiana Bond Commission | State of Louisiana. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Omni Hotels Development Company Llc hold?

Omni Hotels Development Company Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Omni Hotels Development Company Llc's profile

What is Louisiana Bond Commission | State of Louisiana currently buying?

Explore Louisiana Bond Commission | State of Louisiana's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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