DETROIT — A 30-story hotel tower has been completed at the Greektown Casino-Hotel, which is located at 555 E. Lafayette Ave. in Detroit’s Greektown Entertainment District. The 420,000-square-foot hotel houses 400 rooms, including 29 two- and three-bedroom suites. Amenities at the property include a business/concierge center, a fitness center, Shades Lounge and Bistro 555. The cost of completing the hotel, which opened on February 12, was not disclosed.
BOLINGBROOK, ILL. — On behalf of developer LTD Management Co., Rosemont, Ill.-based McShane Construction Co. has topped out the aloft Hotel located on Boughton Road in Bolingbrook. The new hotel is situated within The Promenade Bolingbrook, which is a mixed-use development featuring more than 1 million square feet of shopping, dining and entertainment. McShane Construction broke ground on the 77,352-square-foot aloft Hotel in June 2008, and completion is slated for July. The 155-room property will include a state-of-the-art meeting room, a fitness center and a swimming pool. Campbell Architects provided designed services for the project. The hotel is a division of Starwood Hotels & Resorts Worldwide Inc.
GETTYSBURG, PA. — Hunter Realty Associates has brokered the sale of an 80-room Comfort Inn, located at 871 York Rd. in Gettysburg, for $4.7 million. The hotel features an indoor pool and a business center. The buyer, Zrii LLC, plans to complete minor renovations to the property. The seller was Supertel Hospitality.
TEMPLE, TEXAS — Mumford Co. has brokered the sale of a 99-room hotel located near Interstate 35 in Temple. In addition to guestrooms, the hotel features food and beverage options that include a separate lounge. Mike Francis of Mumford’s Dallas office negotiated the transaction between the buyer, Managal Murty LLC, and the seller, GE Capital Corp. The buyer plans to renovate and re-open the hotel. The acquisition price was not disclosed.
AMERICAN CANYON, CALIF. — InterContinental Hotels Group (IHG) is developing Holiday Inn Express and Suites Napa Valley-American Canyon, a 101-room hotel located at 5001 Main St. in American Canyon. The hotel is the eighth Holiday Inn Express hotel in California to showcase the brand’s new sign, which is part of the $1 billion Holiday Inn brand relaunch program. The hotel features complimentary Express Start® breakfast, including Smart Roast® coffee; SimplySmart™ showers; Stay Smart™ Kohler showerheads; 100-percent cotton terry towels and SimplySmart™ bedding, including 200 thread-count sheets. The hotel is owned by BKL LLC and managed by BKL Hospitality Group, under a license agreement with a company in the IHG.
WASHINGTON, D.C. — JetSet Hospitality has purchased The Embassy Inn and the Windsor Inn & Suites from an undisclosed seller for an undisclosed amount. The two properties, which were constructed in the early 1900s, are located on 16th Street in Washington and encompass 84 total rooms. Bill Moyer and Charlotte Seale of Washington-based Donohoe Real Estate Services structured the sale.
JERSEY CITY, N.J. — A joint venture between New York City-based The LeFrak Organization and Melvin Simon & Associates has held the grand opening for The Westin Jersey City Newport, a 429-room hotel located at 479 Washington Blvd. in Jersey City. The hotel features 15 suites, a fitness center with a heated indoor pool and whirlpool, a lobby lounge, dining options and 20,500 square feet of meeting space. The hotel is part of LeFrak’s Newport master-planned community and is located adjacent to the1.2 million-square-foot Newport Centre Mall.
FORT WAYNE, IND. — Paramus, N.J.-based Metro Funding Corp. has provided a $590,000 loan for the acquisition and rehabilitation of a vacant hotel located in Fort Wayne. The borrower was an experienced hotel owner that completed improvements at the 120-room property and re-opened the hotel. Additional terms of the loan were not disclosed.
MIAMI BEACH, FLA. — Fort Lauderdale, Fla.-based Moss & Associates has completed vertical construction on the 120-room Soho Beach House, a $33 million luxury hotel project in Miami Beach. The two-building property incorporates the former Sovereign Hotel on Collins Avenue. Hotel amenities include a spa, pools, restaurants and on-site retail. The project was designed by Miami-based Shulman + Associates.
LUDLOW, VT. — Chicago-based Paramount Lodging Advisors has brokered the sale of a 50-room Best Western hotel located in Ludlow. Stephen Mills and Philippus Miller III of Paramount negotiated the transaction between the undisclosed seller and the buyer, R.S.B. Ludlow Inc. The new owner will continue to operate the hotel under the Best Western brand. The acquisition price was not disclosed.
