Fountain Microtel Inn & Suites To Open in 2019
Artist Renderings. Completion 2019
First cement pour. Sept 8, 2018
Being built next to Love's Country Store,
the new hotel, located near the south entrance of Fort Carson, is expected to attract service members and families, as well as tourists to the area.
"I was pleased with the cooperation that I received from the city of Fountain and the Pikes Peak Regional Building Department.”
FOUNTAIN, COLORADO, UNITED STATES, September 10, 2018 /EINPresswire.com/ -- Construction on the new 63-room Fountain Microtel Inn and Suites in Fountain, officially began with the first concrete pour, Sept. 8. The public groundbreaking ceremony is scheduled for Sept. 13. — Tom Cave, Accurate TDC, LLC
The new Microtel, projected to open in April 2019, is owned by Fountain Hotels, LLC, an ownership group that has operated in Colorado for nearly a decade. Channel Point Hospitality will manage the property that is expected to create 15 permanent jobs once the hotel is open, and between 50-100 temporary jobs during planning and construction. Located at 7710 Office Circle near the south entrance of Fort Carson, the Microtel Inn & Suites is a brand of Wyndham Hotels and Resorts.
Tom Cave owner of Accurate TDC, LLC and the developer for the new Fountain Microtel Inn and Suites said the new hotel, located near the south entrance of Fort Carson, is expected to attract many service members and their families, as well as government contractors and summer tourists visiting the Colorado Springs area.
The new hotel, offering a meeting area, an exercise facility, and providing basic breakfasts to guests is projected to satisfy a significant demand for a hotel in the area bring new jobs to the city, Cave said.
"A lot of the older hotels are getting pretty well utilized and are starting to show their age, so a new hotel is going to fill the demand first versus going to an older hotel," Cave said.
Strategically located near a Love's Travel Center and Fort Carson, Cave expects the new Microtel, a brand of Wyndham Hotels, to form a symbiotic relationship with existing businesses and to encourage new businesses to come to the area.
The process of opening the new Microtel, from finding the land, conducting the market analysis and financial projections, acquiring city approvals, permits, building plans, contractors, labor, management companies, and financing, and finally opening the new hotel takes approximately two years in total, according to Cave.
"I was pleased with the cooperation that I received from the city of Fountain and the Pikes Peak Regional Building Department," Cave said. El Paso County as a whole is generally friendly to new businesses, and the city of Fountain has made it very clear that they are very excited about getting this hotel built.”
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Michael Perini
Perini & Associates
719.651.5943
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