Atlanta, GA–May 6, 2015 – Atlanta-based Hotel Equities (www.hotelequities.com) and owners Thomas and Michael Chen of Scenic Capital Advisors recently broke ground for a Fairfield Inn & Suites by Marriott in Waxahachie, Texas. The hotel is located at 2020 Civic Center Ln., the intersection of Interstate 35 E and Highway 287, just 30 minutes south of Dallas, Texas.
Expected to open in early summer 2016, the hotel will sit beside the Waxahachie Civic Center, site of numerous events and meetings, and across from the newly completed Baylor Scott & White Hospital.
On hand for the ceremony were Brad Rahinsky, President & COO, Hotel Equities; Joe Reardon, Hotel Equities V.P. of Marketing & Business Development; Thomas and Michael Chen, Principals, Scenic Capital Advisors; Ron Stewart, Vice President of Development, Marriott International; Laurie Mosley, Director, Waxahachie Convention & Visitors Bureau; Debra Wakeland, President and CEO of the Waxahachie Chamber of Commerce and Doug Barnes, Chamber of Commerce Director of Economic Development.
“The Waxahachie location marks an important addition to our portfolio,” said Joe Reardon, Vice President of Marketing and Development for Hotel Equities. “We have connected with a great new partner in Scenic Capital Advisors. They clearly understand development in Texas and the need for a strong partner on the management side to support their vision and future growth. The hotel site is near the recently-opened BSW hospital as well as a number of other great demand generators such as the state-of-the-art, 60,000 square-foot Civic Center. Our award-winning guest service and management expertise will deliver value to our owners as our culture is embedded into this great community.”
“We are happy to be in Waxahachie because of its strong growth, promising long-term outlook and supportive community,” said Thomas Chen, Principal for Scenic Capital Advisors, consultant to a family office focusing on commercial real estate in Texas.
Located just outside the South Dallas Metroplex, Waxahachie boasts attractions that appeal to both tourists and business travelers. The charm of historic homes and buildings, hiking and biking trails, the proximity to state parks and the city’s friendly atmosphere draws thousands of visitors each year. The historic downtown area boasts turn-of-the-century architecture that has served as the setting for several major motion pictures.
