Downtown Mansfield Hotel Purchase Official as $10 Million Redevelopment Begins

A long-discussed redevelopment of one of downtown Mansfield’s most prominent properties is officially moving forward.

A local investment group led by Mansfield entrepreneur Jay Goyal and hotelier Snehal Patel has completed the purchase of the Quality Inn & Suites at 116 Park Avenue West, launching a planned $10 million redevelopment of the property.

The hotel is expected to remain open during renovations before reopening as the Hearth & Forge Hotel, an upscale boutique hotel affiliated with Choice Hotels’ Ascend Hotel Collection. A grand opening is being targeted for summer 2027.

The renovation is expected to touch virtually every part of the property, including guest rooms and suites, the lobby and common areas, the exterior, conference and meeting facilities, banquet and event spaces, the indoor pool, restaurant and bar, and other amenities.

Plans call for reducing the hotel’s overall room count while creating larger rooms and suites and upgrading the guest experience.

Developers envision Hearth & Forge as more than a hotel, describing it as a gathering place for both visitors and Mansfield residents. The property is expected to offer a restaurant and bar, meeting and event space and other amenities that can serve weddings, conferences and community events.

The project has received support from the City of Mansfield and State of Ohio. City Council previously approved a 12-year, 75-percent property tax abatement for the redevelopment, while the Ohio Department of Development awarded the project a $528,220 Transformational Mixed-Use Development tax credit.

Park National Bank is providing financing for the acquisition and redevelopment.

The hotel has operated as a downtown full-service hotel for more than four decades, originally opening as a Holiday Inn. Its location places it next to the Renaissance Theatre and within walking distance of downtown restaurants, shops, offices and attractions.

Design, engineering and pre-construction work are already underway, with construction expected to ramp up in the coming months.