Peabody Place to Add Suites -- As Movie Theater Closes, Plans Unfold for More Than 150 Luxury Rooms

Summary

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As the doors close at Muvico Peabody Place 22 movie this weekend, Belz Enterprises' Peabody Hotel Group moves forward on plans to transform the entertainment and retail center into a luxury suite hotel.

Belz plans to build more than 150 suites on the second and third levels of the entertainment complex at 150 Peabody Place, giving The Peabody more than 600 rooms, a major coup for convention planners.

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Extract

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Peabody Place to Add Suites -- As Movie Theater Closes, Plans Unfold for More Than 150 Luxury Rooms

First-floor retail including Coco & Lilly, Maggie Moo's Ice Cream and Treatery, Victoria's Secret and Gap are expected to stay.

Officials at Belz Enterprises and...

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