Permit Pending for Multi or Hotel

Description:

Please email me.. Joseph@jwf-capital.com

The investment opportunity for a hotel development project near Quinnipiac University in Hamden, Connecticut. The proposal outlines a plan to construct a full-service hotel at 660 Sherman Avenue, strategically located close to the university campuses and major local attractions.

Key features of the proposed hotel include:

112 guest rooms ranging from standard accommodations to suites.
Comprehensive amenities such as a full-service restaurant and lounge, rooftop facilities, meeting spaces totaling 10,000 sq ft, an indoor pool and sauna, a fitness room, a business center, a market pantry, and a guest laundry room.
The site, a 5.02-acre buildable plot, was previously associated with Holiday Inn, with potential for re-flagging under IHG as the project progresses.
The location offers strategic proximity to Quinnipiac University's York Hill and Mt. Carmel Campuses, and TD Sports Arena, making it a central hub for university-related activities and visits.
Financial and market analysis backed by industry consultants indicates strong hospitality demand in the region, supported by feasibility studies from HVS, Darien Hospitality, and local market STR reports.
The development is positioned as a prime investment opportunity, appealing to potential equity partners or buyers with flexible transaction terms offered. Additionally, there are opportunities for walking tours of the site and the surrounding area for interested parties.

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