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Braidwood - IL Site

I want to share the following letter from the city of Braidwood IL with anyone interested in developing a new Country Inn and Suites. Please call me to discuss the feasability study if interested. Dave 630-587-5813

From: Jim Testin [mailto:JTestin@rehamilton.org] Sent: Friday, September 23, 2011 10:32 AM To: Mastio, David Subject: Hotel Site Opportunity - Braidwood, IL

Mr. Mastio-

The City of Braidwood is located on Interstate 55 approximately 60 miles southwest of Chicago. The City is in an area with strong corporate users, recreational opportunities, historic elements (being located on Route 66), and significant growth. This growth includes being an entrance to an area that has the largest master-planned inland port in North America.

The City recently completed a Comprehensive Market Study by Hospitality Marketers International, Inc (HMI) to look at the feasibility of a hotel. We are forwarding the study to key people, such as you, that Lindsey Kaptur, HMI Midwest Regional Director, suggested would be a good fit. The City initiated the study not only to reflect the need for a hotel and that there is a market for such a project but also to highlight their strong interest in working with businesses. In addition to the study the City has been aggressively extending utilities and are willing to offering incentives to support a hotel.

We wanted to send you the study and will then follow-up next week by phone. If you have an interest we will organize a meeting with the Mayor and City Administrator.

We appreciate your consideration.

James F. Testin, AICP

Manager of Planning and Economic Development Services

'

Post Falls - ID

Stateline bridge expected to open Nov. 1 - Coeur d'Alene Press: Local News: "Plans call for three hotels, a sit-down restaurant," Alan Johnson

Hughes Investments

ajohnson@hughesinv.com

Miami - FL

University of Miami Life Science & Technology Park / ZGF Architects: "vision for a vibrant Medical Center District that features patient care, education, and research activities, market rate housing for medical staff and researchers, and hotel and retail amenities"

801 W. Baltimore Street, Suite 505
Baltimore, MD 21201
T 410.864.6880
F 410.864.6890

Charleston - WV

Report says hotel should be top priority at Tamarack - News - The Charleston Gazette - West Virginia News and Sports -: " A 120-room hotel adjacent to Tamarack's conference center will be the top priority for development "

Land Planning Desiign

310 E. Main Street, Suite 200 Charlottesville, VA 22902 Phone: 434.296.2108 Fax: 434.296.2109 Toll Free: 888.781.5732 bill@lpda.net john@lpda.net

San Antonio - TX

Medical complex set for 1604, I-10 - San Antonio Express-News: " plans called for a million square feet of offices, 575,000 square feet of shops, 500 hotel rooms "

Fulcrum Property Group

11800 Wurzbach Road

San Antonio, TX 78230 map

SAN ANTONIO, TX Metro Area

Phone:(210) 764-7724

Fredericksburg- VA

Get a feel for Crossroads Station in Spotsy - Business Browser: "1.2 million square feet of commercial space including offices, retail and a hotel" Kimley-Horn and Associates Inc.

333 Fayetteville St.

Suite 600

Raleigh, NC 27601

Phone: 919-835-1494

Lewiston - ME

Lincoln Street hotel in works for Lewiston | Sun Journal: "feasibility of building a 100-room hotel " http://www.Publish Postlinkedin.com/pub/chris-thompson/13/407/8a9

New Castle - DE

Council hears out Barley Mill spat | The News Journal | delawareonline.com: "Pennsylvania developer's plan to build a total of 1.6 million square feet of office space, a shopping center and a hotel "

Stoltz Real Estate Partners

Tom Gailey

267-688-1613

Portsmouth - NH

Hotel boom spurs talk on city's northern tier, master plan | SeacoastOnline.com: "planning to build a third, 120-room hotel in the near future."

City of Portsmouth, 1 Junkins Avenue, Portsmouth, NH 03801, USA - Tel: (603) 431 2000

Williston - ND

I have a land owner looking to JV or sell if anyone is interested in discussing. Dave 630-587-5813


http://www.hladvisors.com/newsletter-sept11-2.htm

Timely Hotel News Article

13 ways to structure a hotel workout:

Charlotte - SC

SouthPark Autobell may open by spring: " add 1 million square feet of office space, 200 hotel rooms" Charlotte Planning

Land Use/Area Planning Coordinators;

Ms. Melony McCullough E-Mail 704-336-5993

Bozeman - MT

Mayor, downtown Bozeman reps mum about possible second hotel project - The Bozeman Daily Chronicle: City: "taking offers to buy the city’s Carnegie parking lot at 106 E. Mendenhall St. and build a hotel there" Stephen D. Barker, CCIM, SEC sbarker@catellusgroup.com

Richmond - VA

An inhospitable environment | Richmond BizSense: "seeking permission to appoint a receiver" Terry C. Frank

Associate

Kaufman & CanolesT (804) 771.5745 F (804) 771.5777 tcfrank@kaufcan.com

Portland - OR

Report: Portland hotels to outperform nation - Portland Business Journal: "Rising demand for hotel rooms coupled with no corresponding increase in supply will deliver rosy results to Portland hotel operators this year and next" Planning Division | 389 Congress Street | 4th Floor | Portland, Maine 04101 | 207-874-8719

Midland - TX

SpringHill Suites planned for Deauville Boulevard - Mywesttexas.com: Top Stories: ""You still can't find a room in Midland," Commissioner Royce Watkins said, before making a motion to approve the request. "It's good we're building more hotels."

Rick Crownover	Development Services Director
Office Hours	8:00 a.m. to 5:00 p.m.
Phone	432.685.7286
Email	rcrownover@midlandtexas.gov

Montgomery - PA

Gwynmont Farms residents express opposition to new hotel - timesherald.com: " plans proposed by Trefoil Properties to build a four-story hotel"

Trefoil Properties,LP Towamencin Corporate Center 1690 Sumneytown Pike, Suite 240 Lansdale, PA 19446 (215) 855-5100

Lake Placid - NY

LP, North Elba approve zoning change on Mirror Lake Drive - AdirondackDailyEnterprise.com | News, Sports, Jobs, Saranac Lake region — Adirondack Daily Enterprise: "Lussi family, which owns the land, plans to tear down to build a hotel"

Town of North Elba

2693 Main St # 305, Lake Placid, NY 12946-3352(518) 523-9518 ‎northelba.org

Haddam, CT

Land Swap Foes Taking New Tack - East Haddam-Haddam, CT Patch: "to build a boutique hotel and associated retail development to complement their banquet facility"

Economic Development Coordinator

Melissa H. Ziobron

edevcoordinator@easthaddam.org

P.O. Box K 7 Main Street East Haddam, CT 06423 860-262-0347 home office