Developer to build second hotel at Settlers Ridge
Strong business at its 132-room Marriott Courtyard at Settlers Ridge in Robinson prompted developer Concord Hospitality Enterprises to plan to build a second hotel next door.
Construction is scheduled to begin in spring on a 109-room Hampton Inn and Suites, said Keith McGraw, a partner with Mark Laport in Concord Hospitality, a national hotel developer-operator based in Raleigh-Durham, N.C.
"Our occupancy has been good there, and we believe another hotel will compliment the Marriott," said McGraw, owner of Sierra Associates in Sewickley.
It's not the only hotel Concord Hospitality is developing in the region.
The developer and Walnut Capital Partners of Shadyside will convert an empty building at 1400 Smallman St. in the Strip District into a hotel, for which McGraw is seeking an operator.
Gregg Perelman, managing partner at Walnut Capital, said he expects a decision on the hotel brand in about a month.
"This will be a limited-service hotel," he said, but declined to disclose the number of rooms. The conversion to a hotel could start after the first of the year, he said.
A Lidia's Restaurant at the site will continue to operate separately, McGraw said.
Concord and Walnut Capital built the 110-room Marriott Springhill Suites at Bakery Square.
McGraw's company is working with Oxford Development Co. to develop a Hyatt Place hotel at the SouthSide Works. That 136-room facility could open in summer.
Concord also proposed a hotel at the former Don Allen showroom site in Bloomfield.
The developer recently completed a 124-room Marriott Courtyard in Tanger Outlets in Washington County.
Concord Hospitality also is involved in two new hotels in Florida.
In the Spring of 2013, plans are to begin construction on a 132-room Marriott Courtyard on the headquarters site of the Darden Group in Orlando. In summer 2013, a 130-room Hyatt Place hotel will be under construction at the Miami International Airport in Miami, McGraw said.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Developer hopes to make Allegheny Center a tech hub
- Murray Energy expects to lay off as many as 1,800 more
- BNY Mellon promotes executive
- Market inches further into record territory as oil price jump boosts energy sector
- IRS refunds $10M to tax preparers who paid to take competency test
- Home sales slipped in April on tight supply, high prices
- BNY Mellon to pay $180M to end foreign-exchange lawsuit
- CVS to enter elder-care market with acquisition of drug distributor Omnicare
- Lumber Liquidators CEO abruptly resigns
- McDonald’s CEO ‘proud’ of pay hike
- Minorities lose out on lending, survey reports