Saturday, May 22, 2010

Tampa Bay -FL

Tampa Bay Downs, city like idea of annexation into Oldsmar - St. Petersburg Times: "Tampa Bay Downs would be allowed to build resorts, restaurants, hotels and other developments directly across from the horse track"
Marie Dauphinais, AICP Director of Planning and Redevelopment 100 State Street West Oldsmar, Florida 34677 (813) 749-1123 mdauphinais@ci.oldsmar.fl.us

SAN JUAN CAPISTRANO -CA

San Juan poised to lower fees to spur development | city, fees, development - News - The Orange County Register: "Two potential hotel sites are under consideration in the city"
City ManagerCity Manager(949)443-6317(949)488-3874Email

Cincinnati -OH

Anderson to lease retail at Banks - Business Courier of Cincinnati: "proposed hotel for the site"
CBRE
201 E. Fifth St. Suite 1200 Cincinnati, OH 45202 T 513.369.1300
F 513.241.2291
Managing Director

Sunday, May 16, 2010

Hillsborough - NJ

Hillsborough officials create zone to reduce affordable-housing mandate | mycentraljersey.com | MyCentralJersey.com: "zone will consist of a mix of residential and commercial uses, including a 130-room hotel,"
Robert Ringelheim 379 South Branch Road. Hillsborough, NJ 08844 (908) 369-4313 ext. 183

Carbondale - CO

Another continuance for Carbondale project | AspenTimes.com: "medical facility, hotel or some type of light manufacturing could be among the job-generating uses in the so-called “flex zone”"


Rich Schierburg

Peregrine Group Development

(Peregrine Group Development Llc*, Peregrine Group*)

1580 Lincoln St # 770

Denver, CO 80203-1509(Denver, CO Metro Area)
Phone:(303) 832-1377
Website:Peregrinegroup.net

Friday, May 14, 2010

Newberry - FL

High Springs Herald: "16 to 32 ball fields expected to attract a hotel and restaurants"

Contact the Planning Department:

City of Newberry 25815 SW 2nd Avenue - PO Box 369 Newberry, Florida 32669 352-472-3927

Thursday, May 13, 2010

McHenry - IL

Northwest Herald | PG plans out town center: "mixed-use development of single-family homes, apartments, office space, retail space and a hotel."

City of McHenry
Planning Department
Contact Us: Phone: (815)363-2170


Local Business Parks Map with major employers  http://www.ci.mchenry.il.us/PDF/Economic%20Development/McHenry%20Aerial%20Business%20Parks%20(2010).pdf

Wednesday, May 12, 2010

Pasco - FL

Porter family pitches land swap with Pasco for events center - St. Petersburg Times: "promoting a concept called 'the Plex,' a 470,000-square-foot arena with three ice hockey rinks, a 36-lane bowling alley, miniature golf, laser tag, indoor water park, five restaurants and a 140-room hotel"
John J. Gallagher County Administrator 7530 Little Road, Suite 340 New Port Richey, FL 34654 1-800-368-2411 ext. 8115

Tuesday, May 11, 2010

2010 american hotel & lodging association 031710 (1)

Informative Presentation on SBA Lending

Leesburg - VA

Leesburg Today - The Journal of Loudoun County - Hospital, Kincora At Public Hearing Tonight: "up to 2,722,200 square feet of office space, 398,825 square feet of commercial, 575,000 square feet of hotel space, equal to 720 rooms,"
Town of Leesburg, Virginia, 25 West Market St., Leesburg, VA 20178 | Tel: (703) 777-2420

Gainesville- FL

First Land use hearing for Santa Fe Village development is tonight | Gainesville.com: "would consist of 1,473 residences, 443,720 square feet of office space, 219,700 square feet of commercial space, 52,000 square feet of institutional uses and 250 hotel rooms"

Coffey C David PA atty

5346 SW 91ST Ter Gainesville, FL 32608-4399 (352) 335-8442

Monday, May 10, 2010

Greenville - DE

Proposed development Greenville | delawareonline.com | The News Journal: "2.8 million-square-foot shopping center with a hotel,"
Stoltz Realty

3704 Kennett Pike # 200
Wilmington, DE 19807-2173(Wilmington-Newark, DE-MD Metro Area)
Phone:(302) 658-6681

Redding - CA

Redding council OKs commercial businesses in public places � Redding Record Searchlight: "possible hotel at Turtle Bay Exploration Park"
City of Redding Planning Depafrtment Redding, CA 96049-6071 777 Cypress Ave Redding, CA 96001 (530)225-4020 Phone

Friday, May 7, 2010

Long Branch -NJ

Council approves Pier Village III | atlanticville.gmnews.com | Atlanticville: "We’ve created an island where the hotel will be constructed,” he said. “It is a 72- room hotel."
David Barry
Applied Development

Contact Us

  • 50 Washington Street
  • Hoboken, NJ 07030
  • Tel: (201) 963-5200

Tuesday, May 4, 2010

Chicago site

Is Walmart the Only Retailer Interested in Pullman? Maybe Not. | The Blog | Chicago Reader: "redevelopment plan pitched by Beale, more than 800 homes, a community center, a hotel, and two big-box retail stores"
Planning and Policy Division Zoning and Land Use Planning 121 N. LaSalle St. #703 Chicago, IL 60602 (312) 742-9000

Monday, May 3, 2010

Martinsburg -WV

I have been asked to repost this for those that have subscribed since it was posted earlier. Mr. Burke  feels very  strong about this market and would like to share his thoughts on the demand generators in the area with interested parties.  

www.meridiancommons.com

Would consider contributing some of my land equity into a minor partnership interest if that’s what it would take to make the deal work
His letter of introduction:
Thanks for your time on the phone and your interest in our Meridian Pointe Project.
Attached is an aerial which shows the “Sweet Spot” of our Meridian Pointe Development. Schewels furniture store is under construction and is slated for completion in the Summer of 2010. The spot that has been identified as a “HOTEL”, in my opinion, would be perfect for you for the following reasons….
  1. It has an elevation of about 10-15 feet above Route 9 giving you exceptional visibility from that major east-west route.
  2. At the 2nd floor level you can see I-81, the hospital and the new convention center slated for construction later this year
  3. It will be the center piece of our Meridian Pointe Development which is a mixed use office/retail/commercial planned unit development
  4. It will be located right in the center of the Lutz Avenue Extension, a new bypass road which will provide direct access to downtown Martinsburg and City Hospital
The site itself is 3.5 acres and could be subdivided. All utilities are in place (water, sewer, natural gas, cable, T-1, DSL, Electric) The city will be issuing a bond, by July, 2010, to fund the construction of sidewalks, bike paths, 3 lane road, low level aesthetic street lighting, park benches, etc. SWM will be off site which is a huge advantage.
As you look at this, please realize that “Meridian Pointe” has been designated by the City of Martinsburg and the State of WV as a TIF district. What this designation means is that the real estate taxes collected from improved property within the district can be used to fund the design and construction of the entire infrastructure in the district. The most notable improvement is the “Lutz Avenue Extension.” This extension will pass right through the middle of our project.
At one end of Lutz is Route 9 and I-81 and the other end is Route 11 and the “Raleigh Street Extension” which is yet another new road that will connect the north end of Martinsburg to Downtown Martinsburg. Keep in mind that Route 9 is the 2ndbusiest road in the Eastern Panhandle as it dissects all 3 counties from east to west.
From a demand standpoint a prospective hotelier should know that Martinsburg is quite a hot bed of federal activity. Located just outside the “Dirty Bomb Radius” of Washington, DC, Martinsburg is now home to over 25 federal agencies (main office or redundant office) including Coast Guard, IRS, VA Hospital, ATF, FBI, Federal Courthouse, DOJ, BOP, Homeland Security, Etc. These agencies, as they recruit candidates are in constant need of rooms. In addition to hiring, federal contractors are a constant in Martinsburg.
Finally, I would consider contributing some of my land equity into a minor partnership interest if that’s what it would take to make the deal work.
You can see more detail from aerials found on our web site which is www.meridiancommons.com
Thanks for considering our development. Please give me a call if I can answer any questions.
Tom
Thomas L. Burke
Meridian Development
55 Meridian Parkway, Suite 101
Martinsburg, WV 25404
FHA ID 2244300895
304-263-1000 Office
304-268-3370 Cell
304-263-1001 Fax

Lending Criteria brought to my attention

To: Mastio, David
Subject: New Hotel Loan Program

New Hotel Loan Program
HREC, as a correspondent for a new private mortgage lender, is currently sourcing hotel loans of $12 to $35 million for select-service hotels, and some full service assets. The loan program is geared toward 125 – 350 room Marriott, Hilton, Hyatt, Starwood and Intercontinental branded hotels.
·         This non-recourse program is available for acquisitions, refinance and repositioning.  
·         Loans can be up to 85% of the project/asset value.
·         Rates will range up to 10%, on either a fixed or floating rate basis, depending on the needs of the borrower, and can include accrued interest features depending on DCR. Loans will have a participating feature to be determined based on incremental appreciation in the project’s value and net cash flow.
·         Loan terms will range between 3 – 7 years and will have certain lockouts and yield maintenance prior to maturity. Lender charges 2 to 3 points origination fee, which is inclusive of HREC fee.  
·         This is a balance sheet lender that will fund hotels nationwide.  These loans will not be securitized and the lender will be the servicer for life of the loan.
The Lender is an experienced hotel player who understands the sector and how to value assets, believes that the market will recover, and understands the importance of good Sponsorship.
Other loan programs are available as well. Please contact Geoff Davis (303) 267-0057, x102, gdavis@hrec.com, or Mike Armstrong 760.452.2255,marmstrong@hrec.com, for more information.

Paradise -CA

The Walmart plans - Paradise Post: "38,000 square foot hotel and restaurant are planned,"

Community Development

Al McGreehan CDD Director 530-872-6291 office ail

Wattsville - VA

Massive Wattsville project draws the curious, concerned | delmarvanow.com | The Daily Times: "The old rink will make way for a new hotel and conference center"