Anyone tired of looking at the run-down Family Inn on Northwestern Avenue in West Lafayette will be glad to hear today's news. A $60 Million development is planned at that site.
The Family Inn will be torn down in the spring to make room for the new development, which
will include a hotel with 80 to 100 rooms, retail space, office space, a restaurant and 115 sports
condominiums.
The company is targeting sports fans. Collegiate Ventures President Gary Spillers said, "What we do is we target the season ticket holders in the major sports as our buyers and we sell them these fully furnished condominiums. And when I say fully furnished, they're all the way down to the knives, forks and spoons." The condos range in price from $150,000 to more than $600,000.