Construction for the hotel will begin Monday, March 26. Hoosier Lodging is currently in negotiations with two major national franchises.
"We haven't determined yet which franchise to take," Director of Operations Omar Zafrullah said.
The construction is estimated to be completed by September, which is when Zafrullah said they would determine which franchise to choose. When the construction is complete, signs and logos for the hotel will be put outside and inside the facility.
"We'd like to be open before the Covered Bridge Festival," Zafrullah said.
Zafrullah said Hoosier Lodging chose Brazil because it feels the city has been overlooked many times. He said Terre Haute and Plainfield have many hotels and even Cloverdale has quite a few.
"We wanted to invest locally," Zafrullah, who is from Terre Haute, said. He said he felt it was a good location because of the Covered Bridge Festival.
According to Zafrullah, the hotel will have 60 rooms, an elevator, fitness room and full breakfast buffet.
He was appreciative with the cooperation of the Clay County Redevelopment Commission, officials with Clay County and officials with the City of Brazil for helping move the project forward, as well as Citizen's National Bank for financing the project.