Florida based developer plans to construct $30-million hotel near T.F. Green Airport

Published on : Friday, December 21, 2018

A Florida-based developer plans to construct a $30-million hotel with 140 rooms in the City Centre development near T.F. Green Airport, Mayor Joseph J. Solomon said Thursday.



Solomon and Doug Duba, of Pinnacle Hotel Management, jointly announced the project to build a Residence Inn By Marriot on Montebello Road.



The project area, where the developer has proposed construction of a six-story hotel, is an 8-acre site that already includes the Radisson Hotel and the former site of Legal Sea Foods.



The contractors began demolishing a building that the mayor’s news release identifies as “the former Matec building” on Wednesday. Pinnacle purchased the 8-acre Radisson property for $7.5 million in March.



The company’s plans call for a $2.6-million “full renovation” of the Radisson, including upgrades to rooms, public spaces, and banquet areas. Duba told Solomon that Pinnacle is seeking a tenant for the former Legal Sea Foods building, says the release.



“We have been seeing terrific progress in City Centre Warwick, particularly in recent months,” Solomon said. “This project would bring 40 new full-time jobs to Warwick as well as temporary construction work.”



The new proposed hotel will offer larger-size hotel rooms in a bid to serve people staying longer. The so-called extended-stay hotel is a popular choice for developers these days. The guest suites at Residence Inn by Marriott range in size with some providing the option of a second bedroom. The accommodations include full kitchens. The hotel’s amenities will include a 24-hour market, dry cleaning and on-site laundry, meeting spaces, an extensive business center with computers and printers, free hot breakfast daily, outdoor fire pits, swimming pools and a fitness center.



In 2017, the 76-percent occupancy rate for extended-stay hotels nationally was well above the rate for all hotels, according to Jan Freitag, senior vice president at STR, a global hospitality-industry data and analytics company based in Tennessee.

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