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Developer, Windsor/Aughtry, Files Plan for 123-room Hotel Atop Roanoke, Virginia’s Market Garage

July 23, 2013

July 23--The hotel planned for the top of Roanoke's Market Garage will rise for three stories above the parking facility, plans just filed by the developer for city building officials show. The plans, part of an 830-page application for a building permit, estimate the construction cost as at least $10 million. The 123-room hotel will feature curved corner rooms and balconies overlooking the north and south ends of the small park next to the Norfolk Southern building. Four other rooms overlooking the park, along with four rooms fronting on Church Avenue and four others overlooking the plaza next to the SunTrust building will also have ba

Affiliates of Gencom and Invesco Ltd Acquire the 200-key Ritz-Carlton Fort Lauderdale in Florida

July 23, 2013

July 23--The Ritz-Carlton Fort Lauderdale, which opened in 2007 as a St. Regis, has sold to new owners. Affiliates of Gencom, a Miami company that owns other Ritz-Carlton hotels, and Atlanta-based Invesco Ltd. purchased the property from Castillo Grand, the company that developed the project at 1 N. Fort Lauderdale Beach Blvd. The hotel will remain a Ritz-Carlton. Financial terms of the deal were not disclosed. HFF marketed the property on behalf of Castillo Grand. The hotel, which has 166 rooms and suites and 34 condo-hotel units, was originally a St. Regis when it opened in 2007. But after St. Regis parent Starwood ended its managemen

Developer Joe Whitehouse Unveils Drawings for 125-room Bell View Hotel in Raleigh, North Carolina

July 23, 2013

July 23--RALEIGH -- Neighbors got a first look last week at designs for a new hotel on Hillsborough Street across from the N.C. State Belltower. Developer Joe Whitehouse met with the Hillsborough Citizens Advisory Council to show off plans for the Bell View Hotel. By early next year, Whitehouse will raze the block that's currently home to Sadlack's Heroes, Schoolkids Records and several other businesses. It will be replaced by a seven-story, 125-room hotel owned by the university, with two ground-floor restaurant spaces. The hotel's brand will be announced in the coming weeks, and it's expected to welcome its first guests in 2015. Publi

Antlers Hilton in Colorado Springs, Colorado Faces Foreclosure; Owners Say Operations Unaffected

July 22, 2013

July 23--The Antlers Hilton hotel in downtown Colorado Springs, which has been one of the Pikes Peak region's signature hotel properties throughout its 130-year history, has been hit with a $36.3 million foreclosure notice. However, the foreclosure -- brought against a limited liability company controlled by owner Pyramid Hotel Group of Boston -- will have no effect on the Antlers' day-to-day operation, said Pyramid CEO Richard Kelleher. Guests will see no changes in services at the 292-room Antlers, which is one of the city's largest and best known hotels, Kelleher said. Employees will not lose their jobs, and the hotel's management wi

RedStone Construction Begins $250 Million Expansion Project River Spirit Casino in Tulsa, Oklahoma

July 21, 2013

July 21--Chattanooga-based builder EMJ Corp. is embarking on its biggest project ever. RedStone Construction Services, a partnership between EMJ and Native American Chris Samples, will build a 500-room hotel and expand a casino in Tulsa, Okla., in a $250 million job, said EMJ Chief Executive Jay Jolley. Jolley said the project, which is in design and pre-construction, is the largest EMJ has ever taken on either as a stand-alone company or in a joint venture. The previous top job was $217 million for BlueCross BlueShield of Tennessee's new home office in Chattanooga, he said. Jolley said EMJ decided to venture with Samples in 2009 to cre

Hotels Across Colorado State Join Petition Requesting Incentives for Gaylord Project be Reconsidered

July 21, 2013

July 21--A group of 22 hotels across the state, including The Broadmoor and Cheyenne Mountain Resort, has asked the Colorado Economic Development Commission to reconsider its approval last year of $81.4 million in incentives for a major hotel and convention center in Aurora. The petition was filed Friday by Denver lawyer James Lyons on behalf of the 22 hotels, the Colorado Hotel and Lodging Association and the Metro Denver Hotel Association. It asks the commission to suspend or revoke its approval of the Gaylord Rockies Hotel & Conference Center, which would be built near Denver International Airport, and to respond by Aug. 15. The

Room Boom: Three New Hotels Could Pop Up in Boulder, CO Within 18 to 36 Months

July 21, 2013

July 21--Prior to the recent arrival of the Hampton Inn & Suites Boulder North, which opened recently in Gunbarrel, it had been eight years since a hotel was built in Boulder. The time window for another new arrival is expected to be much shorter. Three more hotels could pop up within the city of Boulder during the next 18 to 36 months. The lodging boom might not result in much of a net gain in available rooms, however, it could result in pricier accommodations within the city, some say. There are plans on the books to eventually redevelop two hotels on the city's southern entryway -- the Boulder Outlook Hotel and the Americas Best

Developer, Nashua TS Residence Inn, Proposes 118-room Hotel in Nashua, New Hampshire

July 21, 2013

July 21--Add what many people think of as "the Five Guys plaza" to the list of sites changing amid a flurry of activity on Amherst Street in Nashua near Somerset Plaza, including a new hotel. The 9,000-square-foot plaza at 341-345 Amherst St., officially called Red Fall Marketplace, as well as the 22,000-square-foot plaza behind it (Green Fall Marketplace), have been bought by Massachusetts developers. They say the front plaza soon will be full for the first time in its five-year history, while the back plaza, which has never had a single tenant, should become more attractive with improved traffic flow due to redevelopment next door. Th







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