Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest hotel companies, announced today it has signed an agreement with C. A. Harrison Companies, LLC. to develop a Cambria hotel & suites in Petersburg, Va. The 140-room Cambria property will be located at 380 East Washington Street. The project is expected to break ground June 2016.
The project will act as a “Gateway to Petersburg” by providing a vibrant development in a key location at the intersection of Route 95 and East Washington Street. The new hotel rooms, suites and executive suite will meet current industry standards with a full complement of amenities including meeting rooms, conference rooms, bar, indoor pool and outdoor courtyard. The development encompasses several of the surrounding parcels, which will be developed into a mixed–use complex with 26,700 square feet of retail and office spaces and up to 100 market-rate residential apartment units. The upper level of the existing parking structure will be demolished allowing light into the base of the building and aligning the parking requirements with the overall development.
“We’re committed to working with a diverse group of owner and operators, and we are proud to partner with Chris Harrison, an emerging leader in the African American business community, who continuously sets the standard of excellence with his projects,” said Steve Joyce, president and CEO, Choice Hotels International.
About Cambria hotels & suites
Cambria hotels & suites makes business travel easier—and more fun—than ever before. Offering modern décor, rooms that feel like an upgrade, and fresh, local cuisine at our Social Circle™ restaurant, Cambria makes every guest feel like a VIP. There are currently 25 properties open across the country and 30 under development in the U.S. and Canada. To learn more, visit www.cambriahotelsandsuites.com.
About Choice Hotels
Choice Hotels International, Inc. (NYSE: CHH) is one of the world's largest lodging companies. With more than 6,400 hotels franchised in more than 35 countries and territories, Choice Hotels International® represents more than 500,000 rooms around the globe. As of December 31, 2015, 720 hotels were in our development pipeline. Our company's Ascend Hotel Collection®, Cambria® hotels & suites, Comfort Inn®, Comfort Suites®, Sleep Inn®, Quality®, Clarion®, MainStay Suites®, Suburban Extended Stay Hotel®, Econo Lodge®, Rodeway Inn®, and Vacation Rentals by Choice Hotels™ brands provide a spectrum of lodging choices to meet guests' needs. With more than 25 million members and counting, our Choice Privileges® rewards program enhances every trip a guest takes, with benefits ranging from instant, every day rewards to exceptional experiences, starting right when they join. All hotels and vacation rentals are independently owned and operated. Visit us at www.choicehotels.com for more information.
About C. A. Harrison Companies
C. A. Harrison Companies focuses on revitalizing transitional neighborhoods. When possible, CAH acquires neglected buildings and substantially rehabilitates them to their former grandeur. Through several years of close management and oversight of our development projects, CAH has acquired substantial expertise in the acquisition and construction of quality urban housing in the metropolitan DC region, Central Virginia, and the Carolinas. For more information, visit www.caharrisoncompanies.com.
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