Hospitality

ATHENS, GA. — Construction has started on Atlanta-based Rialto Property Partners and Savannah, Ga.-based Melavar’s 130-room Hotel Indigo in downtown Athens. The property is being built to Gold LEED standards, and environmental features include an outdoor cistern to collect rainwater for irrigation, energy efficient heating and cooling systems and regenerative elevators. An outdoor garden lounge, an art gallery and an adjacent music venue are also part of the development, which will deliver in the fall of 2009.

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JERSEY CITY, N.J. — EnviroFinance Group has provided $27.5 million in financing for the acquisition and remediation of Liberty Harbor North, a 2.7-acre waterfront brownfield site located in Jersey City. The borrower, Statue of Liberty Harbor North Redevelopment Urban Renewal LLC, plans to clean up the site and subsequently develop it into a 564,000-square-foot hotel and residential property. It will feature a 313-room Conrad Hilton hotel, as well as 470 for-sale and rental condominiums. Completion of the clean up is expected to take less than 1 year; the hotel/residential project is slated for completion in 2012.

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SHERIDAN, WYO. — InterContinental Hotels Group (IHG) has debuted the new Candlewood Suites prototype design with the opening of Candlewood Suites Sheridan in Sheridan. The 75-room hotel features a new building shape, a new exterior color scheme and an increased outdoor residential feeling with a centrally located Gazebo Grill and additional backyard landscaping. The guestrooms feature studio or one-bedroom suite floor plans with a full kitchen, overstuffed recliner, large workspace with desk chair and overhead lighting, and the Comforts of Home™ Bedding Collection. Located at 1709 Sugarland Dr., the property is owned and managed by Sugarland Enterprises, under a license agreement with a company in IHG.

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HOUSTON — Jones Lang LaSalle Hotels has brokered the sale of The Doubletree Hotel Houston Intercontinental Airport in Houston. CH Realty IV/IAH Hotel, an affiliate of Crow Holdings Realty Partners IV, acquired the 313-room property from DHM Houston Hotel. The property features 16,011 square feet of meeting space, a fitness facility, an outdoor pool and Jacuzzi, three food and beverage outlets and a business center. The newly renovated property is located less than 1 mile from the airport.

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TAMPA, FLA. — Tampa-based McKibbon Hotel Management has opened the 171-room Hilton Garden Inn Tampa Airport/Westshore, located in the 19-acre, mixed-use Avion Park Westshore at the intersection of Spruce and O’Brien streets in Tampa. Hotel amenities include an outdoor heated pool and a fitness center. Hilton Garden is McKibbon’s second development at the park, following June’s opening of TownePlace Suites by Marriott Tampa Westshore. The company’s third project, Homewood Suites by Hilton, will open in December.

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MILFORD AND ROCKLAND, MASS. — Atlanta-based Hodges Ward Elliott (HWE) has negotiated the sale of two Massachusetts hotels. The first is the 173-room Milford Sheraton Hotel located in Milford, and the second is the 127-room Rockland Radisson Hotel in Rockland. Linchris Hotel Corp. acquired both of the properties from Ashford Hospitality Trust, with HWE negotiating the transaction. The acquisition price was not disclosed.

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PORTLAND, ORE. — InterContinental Hotels Group has opened Crowne Plaza Portland-Downtown, which is located at 1441 NE 2nd Ave. in Portland. The hotel is in the final stages of a $3 million conversion from a Holiday Inn. Renovations include a new lobby, new exterior paint, new furniture throughout the hotel, upgraded mattresses in the guestrooms and an upgraded bathroom package. The 10-story, 241-room hotel features a state-of-the-art fitness center, complimentary wireless high-speed Internet access, an indoor pool, a business center and complimentary airport shuttle, as well as a restaurant and lounge. The property is managed by Hollander Investments, under a license agreement with a company in the InterContinental Hotels Group.

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