BENTONVILLE,
ARK.- 21c Museum Hotels will build a new combination boutique hotel and
contemporary art museum in downtown Bentonville, announced Steve Wilson, Founder
and Chairman of 21c Museum Hotels. The new hotel is being developed by 21c
Museum Hotels and will be modeled on the award-winning 21c Museum Hotel in
Louisville, which was voted the #1 hotel in the U.S. and #6 in the world in the
Condé Nast Traveler’s 2009 Readers’ Choice awards. The estimated cost of the
project is $28 million and is anticipated to open in 2012. Investors in the
project include a Walton family partnership and Bentonville Revitalization, Inc.