CHICAGO — Construction is complete for Hotel Felix, a 12-story boutique hotel located in Chicago. The hotel, which was originally built in 1926, was previously known as Hotel Wacker before Oxford OBG Hospitality Investment Partners launched a green redevelopment of the property. The hotel is applying for LEED-Silver certification, and it would be the first hotel in the city to receive the designation. Sustainable features include in-room motion sensors that control the thermostat, energy-efficient HVAC and plumbing systems, a recycling program, and the use of recycled, renewable and low-emitting materials in the construction process. Hotel amenities include a lobby bar, the Asha wellness spa and three small conference rooms. The hotel’s restaurant, Elate, is scheduled to open this summer. The project was designed by Cubellis. Oxford OBG Hospitality Investment Partners is a value-added acquisition and redevelopment group led by Chicago-based Oxford Capital Group. Other principals include Park Ridge, Ill.-based Bricton Group and locally based Gettys.
Hospitality
LENEXA, KAN. — The grand reopening has been held for the Crowne Plaza Lenexa – Overland Park following a $27 million renovation and re-branding. The four-story, 270-room hotel, which was formerly a Radisson, is located at 12601 W. 95th St. in Lenexa. Hotel amenities include complimentary wireless Internet access, an indoor swimming pool, a business center, 18,000 square feet of meeting space, a restaurant and a coffee shop. The hotel also includes six presidential suites, which contain a living room, a dining room and two flat-panel televisions. The Crowne Plaza Lenexa – Overland Park is owned by Lenexa Hotel LP. It is managed by SJC V LLC under a license agreement with an affiliate of Atlanta-based InterContinental Hotels Group.
MAHWAH, N.J. — NAI James E. Hanson has negotiated a major land lease for the construction of a 111-room Hampton Hilton Hotel in Mahwah. Anthony Cassano of NAI James E. Hanson represented both the landlord, Barn Village Music, and the lessee, OTO Development / Palmetto Hospitality of Mahwah in the negotiations. The leased space is located at 280 D Route 17 South and sits on a 123,816-square-foot lot. NAI Hanson's Peter Cohen also assisted in the deal. Construction has already begun on the hotel.
FREDERICKSBURG, VA. — Sun Group Management has opened its 85-room Country Inn & Suites By Carlson Fredericksburg at 656 Warrenton Rd. The hotel is located off Exit 133 on Interstate 95 in Fredericksburg. Amenities include an indoor pool, a fitness center and a meeting room. Each unit features wireless high-speed Internet access and a 32-inch LCD television.
PEORIA, ILL. — Construction is complete for the second phase of renovations for the 111-room Jameson Inn & Suites, located at 4112 N. Brandywine Sr. in Peoria. Phase II includes a new hotel exterior, a renovated drive-thru area, an update entryway, a new color scheme, and a new, glass-enclosed swimming pool. The first phase of construction included improvements to the lobby, common areas, guest rooms and suites. The project was designed by Roswell, Ga.-based Randall-Paulson Architects.
NEW ROCHELLE, N.Y. — Cooper-Horowitz has arranged $6.5 million in permanent financing for The Radisson Hotel of New Rochelle. Michael Moloff and Mark Waldman of Cooper-Horowitz negotiated the loan on behalf of the borrower, Brock Services Corporation. A 5-year mortgage was secured at a rate of 7 percent with a 5-year extension option. The Radisson Hotel consists of a 10-story, 135,000-square-foot full-service hotel and corporate office building. The property features 129 guestrooms, 12 office tenants and 225 parking spaces. The property is located 19 miles north of Manhattan off I-95, within walking distance to Metro North and Amtrak rail stations. It is the only full-service hotel in New Rochelle and has amenities including, an outdoor pool, a business center, a full-service restaurant, a lounge, and 6,400 square feet of banquet facilities.
RIVERSIDE, CALIF. — Sun Development and Management Corp. is developing a 132-room Hampton Inn & Suites by Hilton at Turner Riverwalk, a 1 million-square-foot, master-planned business park in Riverside. Located adjacent to the Medical Park at Riverwalk and the Shops at Turner Riverwalk, the hotel is slated for completion in first quarter 2010. Riverside Lodging Association purchased the 2.28-acre land parcel for the development of the hotel. When complete, Turner Riverwalk will feature 400,000 square feet of office space, 100,000 square feet of medical office space, 375,000 square feet of R&D and industrial space and 125,000 square feet of retail space.
CHESAPEAKE, VA. — Affiliates of Allen Management have sold a 52-room Econo Lodge to Chesapeake-based Sita Properties for an undisclosed amount. The property is located at 2222 S. Military Highway in Chesapeake. Sita plans to renovate the property and rebrand it as a Motel 6. David Mumford of the Newport News, Va.-based Mumford Co. brokered the sale.
LA VISTA, NEB. — Springfield, Mo.-based John Q. Hammons Hotels & Resorts has held the grand opening for the new Courtyard by Marriott Omaha – La Vista, a 257-suite hotel located in La Vista. The hotel is situated at 12560 Westport Pkwy., adjacent to the 100,000-square-foot La Vista Conference Center and the 257-suite Embassy Suites Omaha – La Vista. All three facilities are owned personally by John Hammons and managed by John Q. Hammons Hotels & Resorts. The Courtyard by Marriott features a 57-inch touch-screen GoBoard in the lobby that provides information to guests; a common area that features media booths with 20-inch LCD televisions; a lounge and library; wireless Internet access throughout the hotel; a coffee bar; and a convenience store. This opening marks Hammons’ fourth hotel in Nebraska.
MARATHON KEY, FLA. — Atlanta-based Hotel Equities, along with Peter Rosasco of Sundance Resort & Marina LLC, is developing a Hampton Inn & Suites in Marathon Key. Situated along Highway A1A, the property will offer 80 rooms. Additionally, the property features unobstructed water views and easy access to Marathon Airport.