CHARLOTTE, N.C. — Concorde Construction has completed work on The Hilton Garden Inn Charlotte/Concord, which is located off Exit 49 of Interstate 85 in Charlotte. The six-story building contains 118 rooms and is the first of the brand to feature a newly redesigned Pavilion, the hotel's signature lobby. The owner is locally based Griffin Stafford Lodging One, which is also developed a Home 2 Suites by Hilton in Mooresville, N.C. Griffin Stafford's management subsidiary will manage the hotel.
PHOENIX — Stoneridge Capital Partners has acquired the 119-room Hotel Highland located at 2310 East Highland Ave. in Phoenix’s Biltmore District. The purchase marks the Newport Beach, Calif.-based real estate investment company’s entry into the hospitality sector. Bill Murney of Hospitality Real Estate Counselors represented Stoneridge in the transaction, and Stan Kozlowski, Jr. of CBRE Hotels represented the undisclosed seller.
PEARLAND, TEXAS — Arch-Con Construction has broken ground on an 86-room Holiday Inn Express in Pearland. The four-story hotel is located at 1101 Highway 288. An opening has been planned for the fall.
AUSTIN, TEXAS — Starwood Hotels & Resorts Worldwide has opened the 340-room The Westin Austin at The Domain. The property, the city's first Westin hotel, is located 15 minutes from downtown Austin. Hotel features include 17,000 square feet of meeting and banquet space, a restaurant, a business center, a heated pool and a gym.
WEST PALM BEACH, FLA. — New York-based Related Cos. has been selected to develop the 400-room Palm Beach County Convention Center Hotel, which will carry a Hilton brand, in West Palm Beach. The firm will take on the project with assistance from Hilton Worldwide, Coastal Construction, Catafulmo Construction and architect Nichols Brosch Wurst Wolfe & Associates. Related's project will generate 360 construction jobs and 300 permanent jobs. The next steps in the process are contract and financing negotiations, which will take 4 to 6 months.
FORT LAUDERDALE, FLA. — Choice Hotels International has opened a 119-unit Cambria Suites hotel in Fort Lauderdale, the first of its kind in Florida. The property, located at 141 SW 19th Court, is owned by Dan Patel of DP Hotels. The hotel features a dining area, a fitness center, a resort-style pool and a 24-hour convenience store.
AKRON, OHIO — Sunstar Akron has purchased a Motel 6 property, which is located at 99 Rothrock Road in Akron. Motel 6 Operating (Accor Hospitality) sold the 103-room property for an undisclosed price. Chris Dewey of Jones Lang LaSalle Hotels represented the seller. The hotel will continue to operate under the Motel 6 brand.
TEXAS — InterContinental Hotels will have opened 13 new Candlewood Suites properties in Texas by the mid-mark of 2010. This will increase the company's Texas holdings to 50 properties. Candlewood Suites locations have already opened in San Antonio, Austin and the Houston metro area. Two more will open in Houston in the coming months, and another San Antonio property is being built. Texas locations are also planned for Abilene, Fort Stockton, Fort Worth and Temple.
ENCINITAS, CALIF. — Shouha Investments Inc. has brokered the sale of the 45-unit Quality Inn & Suites North Coast located on Hwy. 101 in Encinitas. Both buyer and seller were represented by Shouha. Located within walking distance of Moonlight Beach, the property also offers guests an oversized outdoor Whirlpool spa.
WASHINGTON, D.C. — Washington-based Braxton Hotel & Condominium has sold the 58-room District Hotel to Cherry Blossom Hospitality for $8.4 million. The seller had converted the property, which is located at 1440 Rhode Island Ave. NW in Washington, from a 1920s-era, 86-room boarding house to a boutique hotel. Cherry Blossom Hospitality plans to add four stories to the original property and build an additional eight-story building. Donohoe Corfac International brokered the sale.