Author Topic: Luxury hotel, 200 apartments and retail coming to site of former Ambassador Hote  (Read 3883 times)

KenFSU

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More info. They hope to be underway within the next 90 days. LaQuinta is one of the chains they're negotiating with:

https://www.jaxdailyrecord.com/article/ambassador-hotel-downtown-was-sold-last-week
Super news. That's more like it.

Sort of....but I'll say again: La Quinta doesn't say Luxury hotel. Now, La Quinta is owned by Wyndham....perhaps they mean one of THEIR brands? Though, their brands aren't exactly at the top of the food chain (from Wikipedia, I think it's right):

AmericInn
Baymont Inn & Suites
Days Inn
Dazzler Hotels
Dolce Hotels and Resorts
Esplendor Boutique Hotels
Hawthorn Suites by Wyndham
Howard Johnson
La Quinta Inns & Suites
Microtel by Wyndham
Ramada Worldwide
Super 8
The Trademark Hotel Collection
Travelodge
TRYP by Wyndham
Viva Wyndham
Wingate By Wyndham
Wyndham Hotels & Resorts
Wyndham Garden Hotels
Wyndham Grand

They also mention Cambria, which is near the top of Choice hotels's pyramid. Better...but not amazing.

I wish them luck and if they do all of this then I'm fine with any brand really. This entire project doesn't add up. Further:

 - They reference Integrity Hospitality. Take a look at their website: https://integrity-hospitality.com/. Does that scream established company to you? The "Powered by GoDadddy Website Builder" at the bottom really sells me.
 - The first phase is to demolish the old Chamber of Commerce building. Why? If the residential is a later phase why spend the money to tear it down now?


What's interesting to me is that the developer originally only wanted to do hotel, no residential, but the DIA talked them into adding the residential component.

Will be interesting to see how this one plays out.
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Tacachale

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More info. They hope to be underway within the next 90 days. LaQuinta is one of the chains they're negotiating with:

https://www.jaxdailyrecord.com/article/ambassador-hotel-downtown-was-sold-last-week
Super news. That's more like it.

Sort of....but I'll say again: La Quinta doesn't say Luxury hotel. Now, La Quinta is owned by Wyndham....perhaps they mean one of THEIR brands? Though, their brands aren't exactly at the top of the food chain (from Wikipedia, I think it's right):

AmericInn
Baymont Inn & Suites
Days Inn
Dazzler Hotels
Dolce Hotels and Resorts
Esplendor Boutique Hotels
Hawthorn Suites by Wyndham
Howard Johnson
La Quinta Inns & Suites
Microtel by Wyndham
Ramada Worldwide
Super 8
The Trademark Hotel Collection
Travelodge
TRYP by Wyndham
Viva Wyndham
Wingate By Wyndham
Wyndham Hotels & Resorts
Wyndham Garden Hotels
Wyndham Grand

They also mention Cambria, which is near the top of Choice hotels's pyramid. Better...but not amazing.

I wish them luck and if they do all of this then I'm fine with any brand really. This entire project doesn't add up. Further:

 - They reference Integrity Hospitality. Take a look at their website: https://integrity-hospitality.com/. Does that scream established company to you? The "Powered by GoDadddy Website Builder" at the bottom really sells me.
 - The first phase is to demolish the old Chamber of Commerce building. Why? If the residential is a later phase why spend the money to tear it down now?

Who the hell cares what hotel it is?
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Captain Zissou

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Steve needs a place to crash after too many Old Fashioneds at the Volstead. His head rests on only the finest of pillows.

Steve

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More info. They hope to be underway within the next 90 days. LaQuinta is one of the chains they're negotiating with:

https://www.jaxdailyrecord.com/article/ambassador-hotel-downtown-was-sold-last-week
Super news. That's more like it.

Sort of....but I'll say again: La Quinta doesn't say Luxury hotel. Now, La Quinta is owned by Wyndham....perhaps they mean one of THEIR brands? Though, their brands aren't exactly at the top of the food chain (from Wikipedia, I think it's right):

AmericInn
Baymont Inn & Suites
Days Inn
Dazzler Hotels
Dolce Hotels and Resorts
Esplendor Boutique Hotels
Hawthorn Suites by Wyndham
Howard Johnson
La Quinta Inns & Suites
Microtel by Wyndham
Ramada Worldwide
Super 8
The Trademark Hotel Collection
Travelodge
TRYP by Wyndham
Viva Wyndham
Wingate By Wyndham
Wyndham Hotels & Resorts
Wyndham Garden Hotels
Wyndham Grand

They also mention Cambria, which is near the top of Choice hotels's pyramid. Better...but not amazing.

I wish them luck and if they do all of this then I'm fine with any brand really. This entire project doesn't add up. Further:

 - They reference Integrity Hospitality. Take a look at their website: https://integrity-hospitality.com/. Does that scream established company to you? The "Powered by GoDadddy Website Builder" at the bottom really sells me.
 - The first phase is to demolish the old Chamber of Commerce building. Why? If the residential is a later phase why spend the money to tear it down now?

Who the hell cares what hotel it is?

Honestly I 'm fine if it's a La Quinta or anything. I'm just seeing how this whole "development" seems inconsistent (luxury hotel and we're talking to La Quinta) and unrealistic (what have these guys done, now they're taking on a pretty major development).

I'd love to be wrong though!

Steve

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Steve needs a place to crash after too many Old Fashioneds at the Volstead. His head rests on only the finest of pillows.

Well that's part of it:)

Really, I'd love to see either a Marriott/Starwood or a IHG property. In all of downtown, of the top four hotel groups (counting Marriott and Starwood separate since until August they really are operating separately, and even into 2019 in many ways), downtown is only represented by one (Hilton).

That aside, I'm not a fan of demo-ing a building for what seems like a pie in the sky plan. Leave the building! Not that we've ever seen a development put on indefinite hold downtown....

KenFSU

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With all these new hotel announcements, my kneejerk reaction is, can the market support them all?

Assuming the Ambassador (100 Rooms), Hotel Indigo (90 rooms), Trio Marriott (131 Rooms), Sister Cities Plaza property (guessing here, ~100 rooms), the AC at the District (200 rooms), and even the Berkman II (~200 rooms) all happen, we're talking roughly 820 new hotel rooms downtown to fill.

Don't forget about the Brooklyn Marriott project

Well, I do think we can support them all for a few reasons:

 - Loyal Marriott and IHG folks aren't staying downtown today....because they can't. That alone will help business travelers.
 - The Hyatt's occupancy will dip for sure. Sorry, it's a 963 room hotel.
 - In theory, the AC at the District would cater to some of the office and residential space at the district, creating new demand.
 - Likely, one of them doesn't get built. In terms of likelihood of getting built, I'd throw it in this order:
   - Courtyard at the Trio
   - Indigo
   - Sister Cities Hotel
   - Ambassador
   - Berkman
   - AC at the District.

I'm guessing at least one of them doesn't happen.

Sister cities is the least likely imo since VyStar’s acquisition of the suntrust building. To add a little more good news it looks like someone bought the Berkman last night with plans for a hotel and garage.

Does VyStar's acquisition kill the hotel? I don't think it did. They are separate parcels, though I'm not sure of the details (and has VyStar closed yet)?

Sister Cities is still a go.

128-room Hyatt Place.

Per the JBJ, conceptual meetings ongoing, as recently as last week.
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Steve

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With all these new hotel announcements, my kneejerk reaction is, can the market support them all?

Assuming the Ambassador (100 Rooms), Hotel Indigo (90 rooms), Trio Marriott (131 Rooms), Sister Cities Plaza property (guessing here, ~100 rooms), the AC at the District (200 rooms), and even the Berkman II (~200 rooms) all happen, we're talking roughly 820 new hotel rooms downtown to fill.

Don't forget about the Brooklyn Marriott project

Well, I do think we can support them all for a few reasons:

 - Loyal Marriott and IHG folks aren't staying downtown today....because they can't. That alone will help business travelers.
 - The Hyatt's occupancy will dip for sure. Sorry, it's a 963 room hotel.
 - In theory, the AC at the District would cater to some of the office and residential space at the district, creating new demand.
 - Likely, one of them doesn't get built. In terms of likelihood of getting built, I'd throw it in this order:
   - Courtyard at the Trio
   - Indigo
   - Sister Cities Hotel
   - Ambassador
   - Berkman
   - AC at the District.

I'm guessing at least one of them doesn't happen.

Sister cities is the least likely imo since VyStar’s acquisition of the suntrust building. To add a little more good news it looks like someone bought the Berkman last night with plans for a hotel and garage.

Does VyStar's acquisition kill the hotel? I don't think it did. They are separate parcels, though I'm not sure of the details (and has VyStar closed yet)?

Sister Cities is still a go.

128-room Hyatt Place.

Per the JBJ, conceptual meetings ongoing, as recently as last week.

Hyatt Place huh? A little surprised by another Hyatt flag but definitely not a bad thing.

jagsonville

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Hyatt Place huh? A little surprised by another Hyatt flag but definitely not a bad thing.
[/quote]

I stand corrected about Vystar’s purchase killing this project. Hyatt place would be great for that area, I wonder what they will do about parking with parador being used for VyStar and presumably Indigo still. Adkins might want to hold off on finalizing that garage and add another level!