BLUFFTON-HILTON HEAD ISLAND, S.C. — Sarasota, Fla.-based American Hotel Development and partner N.Y. based-Glenmont Capital broke ground on a $12 million, 124-room Hilton Head Candlewood Suites on Bluffton-Hilton Head Island. The extended-stay project will feature studios and one- and two-bedroom suites. The hotel is located on U.S. Route 278, seven miles east of the entrance to Sun City Hilton Head, and is slated to open this summer.
Hospitality
BRANDON, FLA. — Embassy Suites Hotels has opened a 147-suite hotel at 10220 Palm River Rd. in Brandon, near Tampa, Fla. The property is owned by Whiteco Industries and is operated by White Lodging. The hotel offers 3,000 square feet of meeting space, a swimming pool and spa, an on-site fitness center and a 24-hour business center.
STERLING, VA. — Construction is complete on the Hampton Inn & Suites Washington-Dulles Airport. The five-story property features 170 rooms and approximately 3,000 square feet of meeting space. Amenities include wireless Internet access, an indoor pool, a fitness center and a business center. The property is located two miles from the Dulles International Airport and a variety of local attractions.
STERLING, VA. — Construction is complete on the Hampton Inn & Suites Washington-Dulles Airport. The five-story property features 170 rooms and approximately 3,000 square feet of meeting space. Amenities include wireless Internet access, an indoor pool, a fitness center and a business center. The property is located two miles from the Dulles International Airport and a variety of local attractions.
GREENSBORO, N.C. — An affiliate of Norfolk, Va.-based Harbor Group International (HGI) has sold the 127-room Hampton Inn Hotel in Greensboro to an affiliate of Medalist Properties for $15.5 million. Doug Henkel of CB Richard Ellis brokered the transaction.
SOMERSET, N.J. — InterContinental Hotels Group (IHG) has opened the 439-room Crowne Plaza Somerset-Bridgewater at 110 Davison Ave. in Somerset. Formerly a Marriott, the converted hotel features a 24-hour business center, the area’s largest health club, a gift shop, an indoor/outdoor swimming pool, wireless Internet access, a restaurant and lounge and Kosher catering capabilities. The hotel also includes 14,000 square feet of office space and offers the Crowne Plaza Sleep Advantage program, which creates a restful environment and supplies sleep-related products and services. Alpha Capital Corp. owns and manages the hotel under a license agreement with an IHG company.
URBANDALE, IOWA — West Des Moines, Iowa-based CB Richard Ellis/Hubbel Commercial (CBRE) completed the sale of a 76-room Microtel Inn & Suites, located at 8711 Plum Dr. in Urbandale, for $2.6 million. The 38,745-square-foot property, which is situated on 1.67 acres, was acquired from Larkin Hospitality by Nebraska-based Lotus Motel. Linda Gibbs and Tim Sharpe of CBRE advised the seller in the transaction.
HENDERSON, NEV. — Developer Anthony Marnell III has unveiled plans to develop M Resort, Spa and Casino, an 11-story resort located within the southern area of Las Vegas Valley in Henderson. The resort will feature 390 rooms and suites, 90,000 square feet of gaming space, and more than 40,000 square feet of meeting and conference space, as well as a variety of amenities, including a 20,000-square-foot spa and multiple restaurants, dining and entertainment options. M Resort, Spa and Casino has partnered with Marnell Corrao Associates on the design and construction of the project, which is slated for completion in spring 2009.
SACRAMENTO, CALIF. — InterContinental Hotels Group (IHG) has opened the Staybridge Suites Sacramento Natomas, a 117-room extended-stay hotel located at 140 Promenade Circle in Sacramento. The all-suite hotel features three suite options – deluxe studio, one-bedroom and two-bedroom/two-bath. All suites include functional, well-lit workstations with ergonomic seating, complimentary high-speed Internet access, complimentary local phone calls, and two-line speakerphones with direct-dial number and personal voice mail, as well as fully equipped kitchens. The hotel is owned by Heritage Inn of Sacramento Inc. and managed by Tharaldson Property Management, under a license agreement with a company in the IHG.
NEW YORK CITY — Itzhaki Properties has brokered the $17.75 million sale of a hotel development site comprising nearly 170,000 square feet in the Long Island City neighborhood of Queens, New York City. The site consists of five adjacent properties located at 2405 Jackson Ave., 2409 Jackson Ave., 2411-15 Jackson Ave., 2417 Jackson Ave. and 2419 Jackson Ave., between 45th Ave. and 45th Rd. The properties are in close proximity to subway lines G, V, E and the 7. Shay Zach of Itzhaki Properties represented the buyer, a Japanese hotel group, and the seller, an assembled group of local owners, in the transaction.