LOUISVILLE, Ky. (WHAS11) – Developers have announced plans to build two high-end hotels near Louisville’s historic Whiskey Row development.

Local developer Steve Poe plans to house the hotels in a 15-story building to be erected at the corner of First and Main streets. The $80 million project will add the Westin and Moxy brands to downtown Louisville's growing hotel portfolio and a combined 300 rooms.

Tim Mulloy, a spokesperson for the project, said the entrance to the Westin will be on Main Street. Its design will incorporate the historic façades east of Whiskey Row. The second hotel will be under the Moxy brand, which Mulloy described as a boutique-style hotel with an “edgy” flare. Guests will enter Moxy off Washington Street.

“This entire block will be the entertainment residential work area in downtown Louisville and one of the hottest places in this part of the country,” Mulloy said.

Stacey Yates, V.P. of Marketing Communications for the Louisville Convention and Visitors Bureau, said the downtown hotel industry has seen explosive growth in recent years.

Yates said there were just 11 hotels in downtown Louisville when the Marriott opened in 2005. It was followed by the 21c Museum Hotel in 2007 and the Hilton Garden Inn in 2014. Then in 2015, Aloft, Embassy Suites, and Holiday Inn Select all opened downtown locations. An additional 11 hotels are currently in various stages of development, including the Omni and recently announced Westin and Moxy properties.

“Louisville has a lot going on and I think hotel developers are realizing this and putting their brands, putting their stake in the ground,” said Yates.

Developers of the property and First and Main hope to break ground one year from now, with expected completion in late 2019.