SunTrust hotel plan 'moving along'

SunTrust hotel plan 'moving along'

DURHAM, Jul 23, 2011 (The Herald-Sun - McClatchy-Tribune Information Services via COMTEX) -- Officials from the Denver, Colo.-based Magnolia Hotels Management Co. that manages a group of hotels sprinkled around the country were in Durham this week to take a look at the downtown SunTrust tower, a building that's proposed to be redeveloped into a boutique hotel and spa.

Tom Evans, vice president of acquisition and development for Magnolia Hotels, said the company is partnering with the Durham-based real estate development company Greenfire Development to bring the hotel project to fruition.

Evans said he was in Durham on Tuesday and Wednesday to work with Greenfire officials, and said the groups are "moving along with the plans" for the hotel project. He declined to give specific details about those plans and details will be released in a future announcement.

"We see a great future in Durham, and that was why we visited, and that was why we've worked to partner with Greenfire," Evans said. "We see a lot of potential and we're really excited to get involved. The building there, the two buildings, are beautiful."

Evans said the company has hotels in Denver, Dallas, Houston, and in Omaha, Neb., and also manages a smaller hotel in the city of Bryan, Texas.

Each of those hotels was "similar in character" to the SunTrust building, a landmark in Durham on Corcoran Street downtown that's a prominent feature in the city's skyline.

"They were historic, city center office buildings that were converted to hotel use," he said, adding that Magnolia's first city center hotel was an abandoned bank building in Denver that was converted into a hotel use.

"We think it's just, over long periods of time, we think that city centers are really the best place to be, and redevelopment of these buildings is just a great way to bring very prominent, beautiful buildings back to life," he said.

He said the company has been interested in the Durham market for "a long time."

"We see so much going on in the city with just the exploding food culture, the really active and engaged business community, the educational and medical businesses there, the new performing arts center, all of these things are really, really exciting developments, and we think that it's just a very good fit for what we do," he said.

Magnolia Hotel Omaha - News


SunTrust hotel plan 'moving along'

based Magnolia Hotels Management Co. that manages a group of hotels sprinkled around the country were in Durham this week to take a look at the downtown SunTrust tower, a building that's proposed to be redeveloped into a boutique hotel and spa.




BOUTIQUE HOTEL OMAHA NE | HotelsCenter.info

The town of Omaha boasts over ten,000 hotel rooms, according towards the Omaha Convention and Website visitors Bureau; and visitors trying to find high end accommodations in the vicinity of Omaha’s historic and cultural district can keep at a boutique house in the city. Boutique hotels in Omaha offer deluxe facilities and providers, and some are positioned inside of a historic setting up, providing simple access to factors of curiosity which includes the Old Market place district, Doorly Zoo and Rosenblatt Stadium.

Magnolia Hotel

The Magnolia Hotel, the first upscale boutique hotel in Omaha, has long been outlined on the Nationwide Register of Historic Sites due to the fact 1974. The hotel has Italian architecture and functions unique marble floors, Roman columns, vaulted ceilings and travertine walls. Guest rooms and suites boast views from the Omaha skyline or even the courtyard, and rooms have trendy, fashionable home furniture. Guests take pleasure in a complimentary American breakfast buffet every morning and complimentary wine and beer every evening, as well as entry to a 24-hour fitness space and a club area outfitted with flat-screen television and complete bar. Magnolia Hotel 1615 Howard St. Omaha, NE 68102 402-341-2500

Redick Plaza Hotel

The Redick Plaza Hotel is housed inside of a historic Art Deco-style constructing in downtown Omaha. The 11-story hotel options 89 rooms and studio suites with standard furniture. Guests can get pleasure from a complimentary breakfast on-site and have uncomplicated entry to place points of interest such as the Orpheum Theater, the Old Marketplace district as well as the Convention Center. Complimentary solutions incorporate shuttle support in a five-mile radius of the hotel and high-speed Web entry. Redick Plaza Hotel 1504 Harney St. Omaha, NE 68102 402-342-1500

Embassy Suites Downtown/Old Market

Even though the Embassy Suites Downtown Omaha is part of the chain, the property boasts a boutique-style atmosphere with spacious guest rooms and suites, such as a presidential suite, and gives you guests with straightforward entry towards the Outdated Marketplace historic district. Guests take pleasure in a complimentary breakfast buffet each and every morning, including made-to-order omelets, and complimentary drinks during their keep, and also have access to a fitness middle and pool. Embassy Suites Downtown/Old Market place 555 S. 10th St.


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