Home2 Suites by Hilton, a mid-range extended-stay hotel, is under development in New Albany and scheduled to open late next year. The four-story, 63,000-square-foot hotel will be located at the corner of Forest Drive and Smith’s Mill Road, next to Mount Carmel New Albany. The rapidly growing concept has more than 60 locations with an additional 44 under construction across the country. A new event venue, The Estate at New Albany, is building a 14,700-square-foot event center on a secluded setting that will feature five acres of ponds, outdoor spaces and lush landscaping for weddings as well as corporate and social events. It is conveniently located at 5216 Forest Drive, behind the Courtyard by Marriott.