A third downtown hotel is in the works in Owensboro, according to Mayor Ron Payne. He told media partner 14News that a new TIF area has been approved, which opens the door for plans for additional downtown hotel rooms. Payne said the new hotel will be built around 2nd and Locust, across from the Owensboro Convention Center. Two others already surround the center, the Hampton Inn and Suites and the newer Holiday Inn. It hasn’t been announced which franchise is building the hotel.