07
Mar 2023

Brady Street Hotel Proposed

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Developer McSam Hotel Group recently secured a $35 million loan to complete a Marriott SpringHill Hotel currently under construction in Times Square, Manhattan in New York City. Located at 223 West 46th Street between Seventh and Eighth Avenues, the 200-key hotel is designed by Gene Kaufman Architects and will comprise of 70,000 square feet. The package was provided by the State Bank of Texas and includes a $20 million gap mortgage plus a $15 million consolidation of two previous loans provided by Silver Point Finance. Construction broke ground in 2020, topped out at 20 stories one year later, then slowed down at the height of the pandemic. The project team has not confirmed an opening date for the hotel however construction is in the final phases.
For detailed information on upcoming hotel developments, construction & renovation projects in the planning, design, pre-construction and construction phases including who is involved plus their contact information and our Preferred Vendor Directory & featured vendors please visit: HotelProjectLeads.com and subscribe today.

03
Mar 2023

Casino Hotel Construction and Renovation Planned

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Developer McSam Hotel Group recently secured a $35 million loan to complete a Marriott SpringHill Hotel currently under construction in Times Square, Manhattan in New York City. Located at 223 West 46th Street between Seventh and Eighth Avenues, the 200-key hotel is designed by Gene Kaufman Architects and will comprise of 70,000 square feet. The package was provided by the State Bank of Texas and includes a $20 million gap mortgage plus a $15 million consolidation of two previous loans provided by Silver Point Finance. Construction broke ground in 2020, topped out at 20 stories one year later, then slowed down at the height of the pandemic. The project team has not confirmed an opening date for the hotel however construction is in the final phases.
For detailed information on upcoming hotel developments, construction & renovation projects in the planning, design, pre-construction and construction phases including who is involved plus their contact information and our Preferred Vendor Directory & featured vendors please visit: HotelProjectLeads.com and subscribe today.

02
Mar 2023

Construction Continues on SpringHill Suites Hotel

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Developer McSam Hotel Group recently secured a $35 million loan to complete a Marriott SpringHill Hotel currently under construction in Times Square, Manhattan in New York City. Located at 223 West 46th Street between Seventh and Eighth Avenues, the 200-key hotel is designed by Gene Kaufman Architects and will comprise of 70,000 square feet. The package was provided by the State Bank of Texas and includes a $20 million gap mortgage plus a $15 million consolidation of two previous loans provided by Silver Point Finance. Construction broke ground in 2020, topped out at 20 stories one year later, then slowed down at the height of the pandemic. The project team has not confirmed an opening date for the hotel however construction is in the final phases.
 
For detailed information on upcoming hotel developments, construction & renovation projects in the planning, design, pre-construction and construction phases including who is involved plus their contact information and our Preferred Vendor Directory & featured vendors please visit: HotelProjectLeads.com and subscribe today.

01
Mar 2023

Theater District Hotel to be Renovated

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The Mayfair Hotel Group, a boutique hotel owner and operator, signed a 49-year lease at 242 W. 49th St in New York Cities Theater District. The hotel is 78-key, 21,000-square-foot building in the Times Square/Theater District area. The lease began in January 2023 with terms consisting of a 25-year term with a 24-year renewal. The property shut down as a result of the Covid-19 pandemic and has sat vacant since. Mayfair will begin a $2.5 million renovation of the hotel, which will be named the Mayfair Hotel NYC. The renovation will include updated interior design, enhanced mechanical systems and new food and beverage operations. Renovations are expected to take up to a year.  
  
For detailed information on upcoming hotel developments, construction & renovation projects in the planning, design, pre-construction and construction phases including who is involved plus their contact information and our Preferred Vendor Directory & featured vendors please visit: HotelProjectLeads.com and subscribe today.

28
Feb 2023

St Regis Hotel & Residences Moves Forward

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The St Regis Hotel & Residences project in Miami Florida’s Brickell neighborhood is moving forward with the developers signing a utilities deal with the county. Located at 1809 Brickell Ave the project will include 350 resort residences and 30 hotel guestrooms. The project is being developed by Related Group and Integra Investments. Robert A.M. Stern Architects is designing the project.  
 
For detailed information on upcoming hotel developments, construction & renovation projects in the planning, design, pre-construction and construction phases including who is involved plus their contact information and our Preferred Vendor Directory & featured vendors please visit: HotelProjectLeads.com and subscribe today.

24
Feb 2023

Demo begins for Construction of New Hotel

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A project to build a new downtown San Jose California hotel has is underway with demolition work for the 176-room lodging complex near Google’s proposed transit village. The project is funded by $48 million in construction financing from Poppy Bank. Keystone, the name of the new hotel, will operate as a Marriott TowneSuites which is being developed by, Urban Catalyst. The hotel site is located at the corner of West San Carlos Street and Josefa Street in downtown San Jose. The eight-story hotel is being built in an opportunity zone, which enables real estate investors to obtain favorable tax benefits. The overall project cost is $100 million. BDE Architects is the project designer. Erik Hayden is CEO of Urban Catalyst.  
 
For detailed information on upcoming hotel developments, construction & renovation projects in the planning, design, pre-construction and construction phases including who is involved plus their contact information and our Preferred Vendor Directory & featured vendors please visit: HotelProjectLeads.com and subscribe today.

23
Feb 2023

Marriott Branded Hotel Planned for Huntersville

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Huntersville North Carolina Board of Commissioners approved a rezoning request and special-use permit for Hotel Ventures of Lake Norman Inc. led by hotel developer Hitesh Patel, to allow for the development of a 109-room hotel at 16221 Northcross Drive. The project would include product from two Marriott brands, Fairfield by Marriott and TownPlace Suites. The project would include a four-story hotel at the 2.66-acre project site near Exit 25 off Interstate 77. Of the 109 rooms at the project, roughly 48 would be geared toward extended-stay guests with features such as a kitchenette.
 
For detailed information on upcoming hotel developments, construction & renovation projects in the planning, design, pre-construction and construction phases including who is involved plus their contact information and our Preferred Vendor Directory & featured vendors please visit: HotelProjectLeads.com and subscribe today.

22
Feb 2023

Boutique Hotel Planned on Colorado

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A proposal for a new 84-foot hotel in Santa Monica California into a single lot between two existing housing projects will be reviewed by the Planning Commission. The project at 516 Colorado would include 74 guest rooms, a ground floor restaurant, outdoor seating area, lobby, guest drop-off area, rooftop bar and two subterranean levels with a fitness area and business center into an eight-story building on the 41.75 ft wide former site of Angels Attic dollhouse museum. Howard Laks Architects, the firm designing the building has proposed an angled-balcony design. According to Howard Laks, rooms on the north and south sides of the building will have alternating, diagonal balconies designed to maximize views of Downtown Santa Monica, Santa Monica Pier, Marina Del Rey and Catalina Island on a clear day. The ground floor is comprised of the lobby, vehicle guest drop-off area, linear circulation access drive and outdoor eating area along Colorado Avenue. While some amenities including the fitness and business centers will be below ground, no parking is proposed on-site.  
 
For detailed information on upcoming hotel developments, construction & renovation projects in the planning, design, pre-construction and construction phases including who is involved plus their contact information and our Preferred Vendor Directory & featured vendors please visit: HotelProjectLeads.com and subscribe today.

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