The $13 million Residence Inn by Marriott planned for Dublin is to have 100 Suites and an Indoor Pool. Midas Hospitality

St. Louis-based Midas Hospitality will build a Residence Inn by Marriott on the southeast corner of Rt. 161 and Frantz Road in Dublin.

The $13 million hotel will include 100 suites, an indoor pool and about 500 square feet of meeting space.

“The Dublin market is very robust,” said Kurt Furlong, a principal of Midas, which also owns the Staybridge Suites on Emerald Parkway.

 “Our Staybridge is running at about a 74 percent occupancy,” he said. “That tells you that, many times a year, the Dublin market is undersupplied with hotel rooms, let alone high-quality hotel rooms.

“We see the demand growing.”

Furlong said construction will start in the third quarter of this year and take about a year to complete.

Staybridge is part of the InterContinental Hotels Group.

The Staybridge Suites, to cost up to $12.5 Million, will have 95 Suites and a Glass Enclosed Top-Floor Meeting Space near OSU. Sintel Group

The Sintel Group has a different strategy and will build a Staybridge Suites at 3125 Olentangy River Rd., near Ohio State University and Riverside Methodist Hospital.

The group also owns the Holiday Inn near that site, plus three other area hotels, two of them close to Port Columbus.

“We’re moving away from the suburbs,” said Manav Singh, the group’s director of sales and acquisitions.

“We want to stay in the center of cities, near a university, or an airport, something that’s bringing a lot of people in.”

The new hotel will cost $10 million to $12.5 million, Singh said. It will be eight stories and have 80 standard suites and 15 larger suites. The top floor will be a glass-enclosed meeting space.

Construction is expected to start in the fall and take about a year.

More jobs

The construction-job news is good nationally, not as good in Ohio, but a little better in Columbus, according to the Associated General Contractors of America.

U.S. construction employment hit a three-year high in February, as 48,000 jobs were added and the unemployment rate in the sector dropped to 15.7 percent.

Construction employs 5.8 million people.

“The job gains are coming from every part of the construction industry, and while the sector’s unemployment rate remains stubbornly high, it is headed in the right direction,” said Ken Simonson, AGC’s chief economist.

The housing market has improved, he said, adding “there will likely be strong growth in power and energy-related projects, manufacturing and distribution facilities, and private college construction.”

In Ohio, construction employment dropped 2.8 percent in January. Employment remained steady in Columbus at 26,900 workers.

That sounds about right to Robert White Jr., president of Daimler, a local real-estate development and construction-management company that remained busy throughout the recession.

“The number of large-scale projects is diminishing. The casino is done, the Downtown Hilton is done, Nationwide Children’s (Hospital) is done,” he said.

However, the number of smaller projects seems to be inching upward to take up the slack.

“The interest-rate environment remains favorable,” White said. “And the health-care world continues to spend, and government continues to spend, and there’s been an apartment boom the past 18 months that seems to be continuing.”

Daimler has several projects in the works.

It has started construction of the city’s John Maloney Health and Wellness Center on Parsons Avenue.

Daimler is in the final construction stages on a 50,000-square-foot call center on W. Campus Road in New Albany.

“We developed this on spec, with no tenants in place,” White said of the joint $6.5 million project with the New Albany Co. “But we’ve successfully leased the entire building to Iqor,” a data-science, customer-service company with headquarters in New York City.

Daimler is also building the 52,000-square-foot Healthy New Albany wellness center and a 26,000-square-foot office building also in the center of New Albany.

The $12.5 million Healthy New Albany project is a partnership of the city, Ohio State University’s Wexner Medical Center and Integrated Wellness Partners.

The new office building will cost about $6 million, and it will include a restaurant and retail tenants on the first floor.

Located on the southeast corner of Rt-161 and Frantz Rd, just off I-270, the Residence Inn by Marriott is scheduled to break ground in Q3 of 2013. Midas Hospitality has already begun to clear the site where an abandoned hotel existed. The $13 million, 4-story project will include 100-suites, indoor pool, sport court, outdoor social area and 500 sq. ft. of meeting space.

Kurt Furlong, EVP & Principal – Sales & Marketing, states “The Residence Inn by Marriott – Dublin, OH, will provide a terrific, high-end product to Dublin, OH market serving both the extended stay and transient niche.” Furlong added, “The Residence Inn – Dublin, OH will be Midas’s sixth extended stay hotel and second hotel in the Dublin, OH market.” Midas also owns and operates the Staybridge Suites – Dublin, OH at Tuttle Crossing, one exit south on I-270.

Midas Hospitality, LLC has grown from 5 to 16 hotels in 2 ½ years. Midas owns and operates 6 hotels within its portfolio of 16, including the Hampton Inn – Columbia, IL, the Candlewood Suites – Champaign, IL the Candlewood Suites – Paducah, KY, the Fairfield Inn & Suites -Paducah, KY, Hampton Inn – Farmington, MO and the Staybridge Suites – Columbus / Dublin, OH. Additionally, Midas Hospitality currently has three hotels under construction, Aloft Hotel (a vision of W) – Beachwood, OH, Candlewood Suites – Greenville, SC and a Fairfield Inn & Suites – Wentzville, MO, all set to open in the 3rd & 4th quarters, 2013. Midas will own and operate the Greenville, SC and Wentzville, MO assets and 3rd party manage the Aloft – Beachwood, OH.

The Residence Inn by Marriott spacious residential-style guestrooms and suites, feature a unique layout where guests can live, work, eat and sleep. Contemporary and stylish, the rooms highlight bold colors and modern furnishings. The full kitchens come complete with granite countertops and stainless steel appliances. Luxurious bathrooms, deluxe signature bedding, 37-inch television and high-speed internet are all elements that allow guests to feel comfortable and productive while traveling.

The public area’s multi-functional space, upscale design and latest technology is inviting for social gatherings as well as informal meetings. The warm and friendly lounge area provides high definition television and free wireless internet for those who want to relax or connect with friends and family. Outdoor spaces are transformed into open-air living rooms with comfortable seating, barbecue grills, and relaxing music that help guests unwind. Offering complimentary hot breakfast every day, featuring a variety of quality items and healthy alternatives, Residence Inn helps guests prepare for the day ahead.

Residence Inn by Marriott is a moderately priced extended stay brand that helps guests to thrive on long stays. Spacious suites with full kitchens offer the comforts of the modern home, while associates provide intuitive service with a unique touch. With more than 600 properties in North and Central America and the Caribbean, Residence Inn is Marriott’s second largest lodging brand with more than 150 hotels on the way. Residence Inn participates in the company’s award-winning Marriott Rewards® program, which enables members to earn their choice of points toward free vacations or frequent flyer mileage in their preferred airline program for dollars spent at more than 3,100 Marriott hotels. Designed as “home away from home” for travelers staying 5 or more nights, the Residence Inn® by Marriott® offers a residential atmosphere with spacious accommodations. Featured amenities include a complimentary hot breakfast buffet; an evening hospitality hour; swimming pool; Sport Court®; daily housekeeping; fully equipped kitchens and a work space with data ports and voicemail.

Midas Hospitality, LLC, was established in 2006 and quickly became one of the premier hotel management groups in the Midwest. Midas has developed, opened and managed numerous properties, including Courtyard by Marriott, Fairfield Inn & Suites by Marriott, Aloft by Starwood, Holiday Inn, Holiday Inn Express, Staybridge Suites, Candlewood Suites and Hampton Inn among others.

Midas Hospitality, LLC is an owner, operator, and developer of hotels with a growing portfolio consisting of 16 hotels, in 8 states serving 6 different global brands. For more information on Midas Hospitality locations and services, please visit www.midashospitality.com

 Rendering of Residence Inn by Marriott - Dublin/Columbus, OH – Opening 2014

Demolition in Process of the Abandoned Hotel on Frantz Road in Dublin

Known for their recent portfolio growth and successful asset repositioning, Midas Hospitality, adds a sales specialist to the Comfort Inn – Central West End. Midas EVP & Principal – Sales & Marketing, Kurt Furlong, states “We are extremely pleased to add a seasoned hospitality veteran, Stephanie Fischer to the Comfort Inn – Central West End.”

A native of St. Louis, Stephanie brings over 7 years of direct hotel sales expertise to the Comfort Inn – Central West End. Stephanie worked with Midas Hospitality from 2007 to 2012, where she was Area Director of Sales for the Candlewood Suites and Fairfield Inn – Paducah, KY. Most recently, Stephanie was Area Sales Manager for Drury Hotels in the St. Louis Airport market.

Located in the Westport Plaza area of St. Louis, Midas Hospitality, LLC, was established in 2006 and quickly became one of the premier hotel management groups in the Midwest. In the last two years, Midas has grown from 5 hotels to 15, recently announcing the groundbreaking of the Fairfield Inn & Suites – Wentzville, MO.

Midas Hospitality, LLC is an owner, operator, and developer of hotels with a growing portfolio consisting of 16 hotels, in 9 states serving 6 different global brands.

Breaking ground in September, 2012 the Candlewood Suites – Greenville is on schedule to open their doors in September of this year. The new Candlewood Suites will be part of the master planned community known as Verdae, centrally located to the I-85 and I-385 interstates exits off of Woodruff Road. The hotel will set adjacent to the new, 100,000 sq. ft. Cabela’s scheduled to open in 2014.

Kurt Furlong, EVP & Principal – Sales & Marketing, states “The Candlewood Suites – Greenville, SC, will provide a terrific product to the Greenville market serving the extended stay niche.” Furlong added, “The Candlewood Suites – Greenville, SC will be Midas’s fifth extended stay hotel and fourth Candlewood Suites in our Midas Hospitality portfolio. We are very excited to join the Greenville community.”

Midas Hospitality, LLC has grown from 5 to 16 hotels in 2 ½ years. Midas owns and operates 6 hotels within its portfolio of 16, including the Hampton Inn – Columbia, IL, the Candlewood Suites – Champaign, IL the Candlewood Suites – Paducah, KY, the Fairfield Inn & Suites -Paducah, KY, Hampton Inn – Farmington, MO and the Staybridge Suites – Columbus / Dublin, OH. Additionally, Midas Hospitality currently has three hotels under construction, Aloft Hotel (a vision of W) – Beachwood, OH, Candlewood Suites – Greenville,SC and a Fairfield Inn & Suites – Wentzville, MO, all set to open in the 3rd & 4th quarter, 2013. Midas will own and operate the Greenville, SC and Wentzville, MO assets and 3rd party manage the Aloft – Beachwood, OH.

Guests at the Candlewood Suites – Greenville, SC property can take advantage of the just-like-home amenities, including complimentary high-speed Internet access, free local phone calls, free on-site guest laundry and a 24-hour fitness center. Unique to Candlewood Suites, guests can also enjoy the convenience of the Candlewood Cupboard®, where a variety of beverages, breakfast items, snacks, frozen entrees and sundries will be available for purchase on the honor system at any time and where guests can enjoy complimentary freshly brewed coffee. Additionally, guests of the Candlewood Suites can visit the free Lending Library, where movies and music will be available for use in guestrooms, which all feature a DVD and CD player.

Guestrooms at the Candlewood Suites – Greenville, SC feature studio or one-bedroom suite floor plans with a full kitchen, comfortable recliner, large workspace with desk chair and overhead lighting. Each of the hotel’s 83 guest suites will feature the brand’s Comforts of Home™ Bedding Collection with upgraded mattresses and box spring sets, mattress topper, fluffy duvet inserts and poly-cotton covers matching the hotel’s color scheme, 250-thread count micro-check sateen sheets in “Candlelight”, triple sheeting, contemporary cotton estate blankets, choice of three upgraded pillow types in firm, medium and feather and a decorative “Consider Us Home” pillow.

Candlewood Suites participates in IHG’s guest loyalty program, Priority Club® Rewards. The industry’s first and largest guest loyalty program has 52 million members. Priority Club Rewards membership is free and guests can enroll by logging on at priorityclub.com, by calling 1-888-211-9874 or by inquiring at the front desk of this hotel or any of IHG’s more than 4,500 hotels worldwide. Candlewood Suites was recently recognized by Lodging Hospitality magazine as one of the industry’s top growing brands.

About Verdae

Verdae, a 1,100-acre tract of untouched real estate within the City of Greenville, is taking shape as a classically styled mixed-use community. A prime piece of property in an excellent location, Verdae includes a diverse collection of quality residential options at various price points, a host of corporate and professional office buildings and suites, and a central retail district perfect for dining, hospitality, entertainment and more. The master plan is designed to be home to over 10,000 residents and 15,000 employees at completion, creating a live-work-play community for all ages and stages of life. To learn more about Verdae, visit www.verdae.com.

Midas Hospitality, LLC, was established in 2006 and quickly became one of the premier hotel management groups in the Midwest. Midas has developed, opened and managed numerous properties, including Courtyard by Marriott, Fairfield Inn & Suites by Marriott, Aloft by Starwood, Holiday Inn, Holiday Inn Express, Staybridge Suites, Candlewood Suites and Hampton Inn among others. Midas Hospitality, LLC is an owner, operator, and developer of hotels with a growing portfolio consisting of 16 hotels, in 8 states serving 6 different global brands. For more information on Midas Hospitality locations and services.

Just east of downtown Cincinnati, the Holiday Inn Hotel & Suites – Eastgate is located at exit 63B off of I-275, adjacent to the Cincinnati Eastgate Mall. With 212 rooms, the hotel boast 31 suites, 13,000 sq. ft. of conference space, McKenna’s Restaurant & Lounge, indoor pool, business center, free wireless internet, free local phone calls, room service and 24-hour, state of the art fitness room.

Kurt Furlong, EVP & Principal – Sales and Marketing, states, “We are very pleased to add the Holiday Inn Hotel & Suites – Eastgate, Cincinnati, OH to our growing Midas Hospitality portfolio. The hotel is a terrific asset with great potential” Midas Hospitality recently announced the groundbreaking of the Aloft Hotel – Beachwood, OH, Candlewood Suites – Greenville, IL and the Fairfield Inn & Suites by Marriott – Wentzville, MO.

The Holiday Inn Hotel & Suites Cincinnati – Eastgate is an ideal choice for families, business and extended stay travelers in the Cincinnati, Ohio area. The hotel offers updated one, two, and three-bedroom suites featuring two full bathrooms. Located at the intersection of I-275 and Batavia Rd, the Holiday Inn Hotel & Suites location provides easy access to nearby TATA Consulting, Siemens, Raytheon, Milacron, and L3 Communications corporations as well as attractions including Newport on the Levee, Newport Aquarium, King’s Island, Cincinnati Reds at the Great American Ballpark and the Bengals at Paul Brown Stadium.

Holiday Inn Hotel & Suites participates in IHG’s guest loyalty program, Priority Club® Rewards. The industry’s first and largest guest loyalty program has 52 million members. Priority Club Rewards membership is free and guests can enroll by logging on at priorityclub.com, by calling 1-888-211-9874 or by inquiring at the front desk of this hotel or any of IHG’s more than 4,500 hotels worldwide.

Midas Hospitality, LLC, was established in 2006 and quickly became one of the premier hotel management groups in the Midwest. Midas has developed, opened and managed numerous properties, including Fairfield Inn & Suites by Marriott, Aloft by Starwood, Crowne Plaza, Holiday Inn, Holiday Inn Express, Staybridge Suites, Candlewood Suites and Hampton Inn among others.

Midas Hospitality, LLC is an owner, operator, and developer of hotels with a growing portfolio consisting of 16 hotels, in 9 states serving 6 different global brands.