GLEN ELLYN, ILL. — This month, Atlanta-based InterContinental Hotels Group will open the Crowne Plaza Glen Ellyn-Lombard located at 1250 Roosevelt Rd. in Glen Ellyn. The 148,000-square-foot hotel, which has been renovated from a Holiday Inn, contains 119 rooms, including nine two-room suites. Environmentally sound aspects of the facility include a guest recycling program, low-emissivity windows and the Glen Prairie Restaurant, which supports sustainable farming practices. Additionally, the hotel offers 9,400 square feet of meeting space in seven meeting rooms. Glen Ellyn Hospitality LLC owns the property; F & F Realty manages the facility.
Hospitality
VALENCIA, CALIF. — Noble Investment Group has acquired Hyatt Regency Valencia, which is located within master-planned Valencia Town Center at 24500 Town Center Dr. in Valencia. The 244-room hotel also houses the Santa Clarita Conference Center, which features 16,000 square feet of meeting and event space including three outdoor garden areas overlooking the Valencia Country Club. The guestrooms feature upscale amenities and finishes, including the new Grand Hyatt bed, i-Home systems, high-speed Internet access and views of the surrounding Santa Susana and San Gabriel Mountains. Additionally, the hotel offers an outdoor heated swimming pool, a whirlpool and a sundeck area. Noble will operate the hotel under a long-term license agreement with Hyatt Hotels Corp.
RICHMOND, VA. — RMS Airport Hotel, an affiliate of Sandhu Management & Investments, has purchased the 155-room Wyndham Richmond Airport from BRE/Richmond Airport, an affiliate of the New York City-based Blackstone Group, for $7.5 million. Tom Hamm and David Butchello of Sperry Van Ness represented both parties in the transaction. The hotel includes a bar and grill, an indoor pool and Jacuzzi and 7,000 square feet of office and banquet space. The buyers are planning a $3 million renovation.
PHOENIX — Strategic Hotels & Resorts Inc. has completed the disposition of Hyatt Regency Phoenix, a 696-key hotel located in downtown Phoenix. Los Angeles-based DiNapoli Capital Partners acquired the property for $96 million. The hotel features oversized guestrooms, 48,000 square feet of meeting space, three food and beverage outlets, and a six-story grand atrium. The buyer plans to renovate and reposition the hotel. Jones Lang LaSalle Hotels represented the seller in the transaction.
LONG BEACH, CALIF. — Long Beach-based Ensemble Real Estate is developing Long Beach Residence Inn, which is located at 600 Queensway Dr. in Long Beach. The 178-room hotel offers 139 studios, 29 one-bedroom and 10 two-bedroom rooms. The 11-story, 135,000-square-foot project is slated to cost $30 million. Marina del Rey, Calif.-based Cuningham Group is providing architectural services for the project; Seattle-based Johnson Braund Design Group Inc. is providing interior design services. R.D. Olson Construction is serving as general contractor for the project, which is fast-tracked for completion in summer 2009.
INDIANAPOLIS — InterContinental Hotels Group has opened the 113-room Staybridge Suites Indianapolis City Centre hotel located adjacent to the new Lucas Oil Stadium at 535 S. West St. The facility, which is the area’s third Staybridge Suites hotel, features a complimentary daily breakfast buffet, workout facilities, a 24-hour convenience store and the brand’s Just Like Home Theater. Missouri Hotel Partners is the owner; Dora Brothers Hospitality — under a license agreement with a company affiliated with InterContinental Hotels Group — manages the Staybridge Suites Indianapolis City Centre. The total cost of construction was not disclosed.
PEORIA, ILL. — Roswell, Ga.-based Randall-Paulson Architects has been selected to design interior and exterior renovations for the 111-room Jameson Inn & Suites located at 4112 N. Brandywine Dr. in Peoria. The first phase of renovations to the 58,138-square-foot hotel, which is near completion, includes interior improvements to guest rooms and suite, as well as the lobby and common areas. Exterior renovations are slated for completion before winter, and will include a new drive-through canopy entrance and an enclosed swimming pool. The cost of renovations was not disclosed.
BIG BEAR LAKE, CALIF. — McSam Hotel Group has acquired Northwoods Resort and Conference Center, a 148-room hotel located at 40650 Village Dr. in Big Bear Lake, for $12.5 million. Built in 1995, the four-story hotel features Stillwells Restaurant and Lounge, a gift shop, a pool, a whirlpool, a sauna, an exercise room and an outdoor amphitheatre. Scott Clawson of Marcus & Millichap’s Chicago office, along with Michael Goldstein of Packard Hospitality, represented the buyer; Robert Brauchli and Jigar Patel of Marcus & Millichap’s San Diego office represented the seller, WWW Asset One Corp., in the transaction.
HAMPTON, VA. — Henry F. Brandenstein sold the Hampton Bay Plaza and Suites, located at Interstate 64 and Mercury Boulevard in Hampton, to CAAP Hospitality, a local investment group with plans to renovate and redevelop the building, for $2.3 million. David Mumford of the Mumford Company’s Newport News headquarters represented the seller.
COLUMBUS, OHIO — On behalf of Airport Core Hotel LLC, Brackett Builders has broken ground on the 185-suite Embassy Suites Columbus-Airport located near Port Columbus International Airport. As the third Embassy Suites property in Columbus, the hotel is slated for completion in the third quarter of 2009. The facility will feature Design Option III and a Flying Spoons casual dining restaurant. Jerry Bird of Bird Houk Collaborative is providing architectural services for the project. The estimated cost of completion was not disclosed.