Madison - WI

Developer proposes hotel-office complex at University Avenue and Whitney Way: "construction of a six- to seven-story hotel, a restaurant and a five-story medical clinic on 15 acres"

Erdman Holdings, Inc (Erdman Real State Holdings)

5117 University Ave

Madison, WI 53705-1360

Phone:	(608) 218-6328
Website:	www.erdman.com

Update to Muskego - WI

Please see March 16 post for original information. http://sitesandsupport.blogspot.com/2010/03/muskego-wi.html

Hi Everyone,

Just wanted to let you know that a possible aid in financing has recently come across my desk that can help in Hotel financing specifically.  Attached is information on  Recovery Zone Facility Bonds (RZFBs) for your convenience.  Basically, you could get a certain amount of bonds as tax-exempt using the City's name which would in turn lower you interest rates considerably on that portion of your borrowing.  There is a statewide pool of money that could qualify for hotels, but time is of the essence since the bond money is gone as of January 1, 2011.  The City just has to label the community as a recovery zone which we are willing to do if this helps someone out.

Taking advantage of such a tax exempt bond coupled with our aforementioned grant money from the City of Muskego may help bridge that financing gap!

As always, keep lines of communication open with me if interested.

State link to RZFBs: http://commerce.wi.gov/BD/BD-RZFB.html

Go Muskego!

Jeff

  ___________________________________

Jeff Muenkel, AICP EDFP

Community Development Director

City of Muskego

W182 S8200 Racine Avenue

PO Box 749

Muskego, WI 53150-0749

Phone: (262) 679-4136 or (262) 679-4145

Fax: (262) 679-5614

Email: jmuenkel@ci.muskego.wi.us

Web: www.ci.muskego.wi.us/planning

Laguna - CA

Business owners, developers gather on urban village | city, development, zoning - News - The Orange County Register: "n urban village with shops, restaurants, entertainment, hotel, office and a transportation hub"

Bruce E. Channing

City Manager|(949) 707-2610|EmailFax|(949) 707-2614

Selma - AL

Selma Enterprise: "The project plan includes land for a hotel, fast food and sit-down restaurants and retail"

Tutelian & Company

1401 Fulton Street, Suite 210 Fresno, CA 93721

Phone: (559) 266-8000 Fax: (559) 266-8005

For information, questions or comments email: ken@tutelian.com or cliff@tutelian.com

Lodging Hospitality Hotel Franchise Calculator

I have added the new Lodging Hospitality franchise calculator link to the useful links section on the left side of this blog. This will take you directly to their site and offers a tool for comparing fees between up to five alternatives.

It will always be accessible in the useful links section going forward and can be accessed by double-clicking the link. It can also be found this one time by clicking the following: http://lhonline.com/franchise_calculator/

Wichita KS joint venture offer SWC Kellogg and Oliver

Dave,

We are looking for an equity or development partner(s) for our proposed 65 room Country Inn & Suites project located at US Hwy 54 and Oliver in Wichita, KS. Depending on loan terms the additional equity needed could range from $800,000 to $1,200,000. Also, we are willing to contribute our land and take a passive position in the project.

The hotel site is part of an urban redevelopment located almost in the middle of Wichita, at the highest traffic count intersection in the city. The development is less than 5 minutes from downtown and 10 minutes from Wichita Mid-Continent Airport. Other demand generators located nearby include 2 major hospitals, the Bob Dole VA Hospital, Wichita State University, Spirit Aerosystems, Hawker Beechcraft and McConnell AFB. US Hwy 54 (aka Kellogg) is the major East-West highway running through Wichita, providing quick access to the entire city.

If anyone is interested they can email me, jeff.walenta@grubb-ellis.com, and I would be happy to share the redevelopment site concept plan and area map, as well as answer any questions.

Thanks,

Jeff Walenta
Broker/Owner
Commercial Specialist
Grubb & Ellis
Martens Commercial Group, LLC
435 S. Broadway, Wichita, Kansas, 67202
Main: 316-262-0000 Ÿ Fax 316-262-0235 Ÿ Direct: 316-847-4925
jeff.walenta@grubb-ellis.com
http://www.buildingkansas.com/

Hanover - MA

Hanover hears proposal for $100M project | New England Business Bulletin: "plan for the Interchange project could include a hotel/conference center, corporate office park, and possibly some high-end retail store"

Town Planner: Andrew R. Port ( planning@hanover-ma.gov )

Administrative Assistant : Hannah Butler ( office.planning@hanover-ma.gov )

Phone: 781-826-7641

Fax: 781-826-5950

Address:

Hanover Planning Board

550 Hanover Street

Hanover, MA 02339

St. Louis - MO

Peracon Park Inn conversion potential?? $30,000/key all in?? Park Inn story http://www.parkinn.com/section/aboutus.story/aboutus.sidemenus

Trust the Data !

 Now Hotels News - ArticlePublish Post

Elizabethton - TN

The Elizabethton Star: "A proposed medical office building would be constructed on the site along with other ventures, possibly including a hotel and restaurant."

Mayor Curt Alexander

Department of Planning and Development 136 South Sycamore Street David Ornduff, Director 423/542-1502

Wattsville - VA

Project's developer seeks area's suggestions | delmarvanow.com | The Daily Times: "a new town -- complete with a hotel and conference center, shops, restaurants, medical offices"

County Administrator Steve Miner

Administrative Offices 23296 Courthouse Ave. Suite 203 PO Box 388 Accomac, Virginia 23301 (757) 787-5700 (757) 824-5444 (757) 787-2468 - Fax County Administrator - Steven B. Miner administration@co.accomack.va.us

Huntsville - TX

City to look at possible construction of arena, expo center � Local News � The Huntsville Item, Huntsville, TX: "formation of a feasibility committee"

Consulting Opportunity

Baine, William

City Manager

291-5400

291-5409

Tuscaloosa - AL

Maddox wants hotel area counted | Local News | TuscaloosaNews.com: "proposed an incentive package that would make loans using city-issued bonds and incentives from rebated sales tax to encourage new"

Planning Department 205-248-5080

http://www.ci.tuscaloosa.al.us/index.aspx?nid=61

Blog Enrollment Update

I would like to take a moment to thank all those who have subscribed to this blog since I have opened it up to the public. Since the second week in February, there have been 35 subscribers , 887 views and 386 clicks linking to 78 different markets/articles of interest.

There are currently two very qualified leads pursuing a Country Inns and Suites new build as a direct result  of this blog . In a little over a month, I am very pleased with that success ratio! Now with a little cooperation from the lenders, we can all benefit going forward!

I will report back in a month with a subscription update.In the meantime , if you can think of anyone that should be a subscriber as well, or have any suggestions of any kind, please let me know.

Dave

Raynham-MA

Raynham fears impact of Bridgewater project - Raynham, MA - Raynham Call: "The proposal included 154,000 square feet of offices, a 112-room hotel, and 449,000 square feet of retail and restaurant space"

Claremont Companies

http://www.claremontcorp.com/claremonts-executive-team/

London - ON

Quality Suites Conversion Potential?

118 rooms; three stories on ±2.2 acres

• Minutes to University of Western

Ontario/Fanshaw College, local arena,

parks and shopping centres

• ±90% suite inventory

Columbus - OH

Franklin County gives developer another year to buy Cooper Stadium | The Columbus Dispatch: "the proposed development of the Cooper Stadium site. The site would include a racing track, a mechanic's school, an auto-technology center, a hotel and a conference center."

Palm Springs - CA

Date Palm 'reinvention' plan unveiled | mydesert.com | The Desert Sun: "proposal Tuesday to “reinvent the six-mile Date Palm Drive” that could include new restaurants, stores and even a college and new hotel."

Community Development Department

http://www.ci.palm-springs.ca.us/index.aspx?page=46

Denver - CO

Peracon Park Inn conversion? $60K /per key all in?

About Park Inn http://www.parkinn.com/section/aboutus.home/aboutus.sidemenus

Muskego - WI

Hotel Campaign Click the link to the left for the study and grant info.

Hi Dave,

Just wanted to let you know that Muskego is committed to getting a hotel still in the community. We have completed a Hotel Market Study and it turned out very well (See Conclusions Page 28). When you get a chance please take a look at the study and feel free to forward it onto possible Franchisees/Investors you may know that would have an interest. I've talked to the landowners of the land where the study was based upon and they are all looking forward to putting something together. Lastly, I've forwarded the study to a few key figures in Muskego that may be willing to be investors for possible franchisees you might have.

I believe Greg Hanis (Hospitality Marketers) may be talking to you this week about Muskego's study as well.

If you know of any interest for us from Country Inns and Suites franchisees please let me know!

Lastly, don't forget about our possible $100K grant to the first hotel to be approved and built in Muskego (Attached).

Thanks!

Jeff

___________________________________

Jeff Muenkel, AICP EDFP

Community Development Director

City of Muskego

W182 S8200 Racine Avenue

PO Box 749

Muskego, WI 53150-0749

Phone: (262) 679-4136 or (262) 679-4145