Hol­i­day Inn Ex­press set for vil­lage

Ho­tel near I-90/Route 528 in­ter­change ex­pected to be ready for fall 2018

The News Herald (Willoughby, OH) - - Front Page - By Jonathan Tressler jtressler@news-her­ald.com @JTfromtheNH on Twit­ter

Madi­son Vil­lage of­fi­cials just broke ground on a new project near the In­ter­state 90/state Route 528 in­ter­change that will be home to an 81-room lodg­ing fa­cil­ity.

The fu­ture site of Hol­i­day Inn Ex­press and Suites, 181 Wa­ter Tower Drive, will en­com­pass 4 acres, at least two of which will be oc­cu­pied by the ho­tel, it­self, ac­cord­ing to the plan at hand.

“This has been in the works for at least three years and three months,” Madi­son Vil­lage Ad­min­is­tra­tor Dwayne Bai­ley said in a phone in­ter­view Aug. 30.

“A cou­ple weeks af­ter I started (work­ing as the vil­lage ad­min­is­tra­tor) I got a call from one of the prin­ci­pals (in­volved in the ho­tel devel­op­ment) and it’s been some­thing we’ve been work­ing on ever since.”

One of those prin­ci­pals, Samir Gandhi with Madi­son Real Es­tate Part­ners, said he was im­pressed early on with the en­thu­si­asm Madi­son Vil­lage ex­hib­ited even be­fore his out­fit be­gan to con­sider the site for devel­op­ment.

“It’s good,” he said in an Aug.

30 phone in­ter­view, adding that he and his com­pany did a lot of its own leg­work to make sure it was a vi­able lodg­ing op­tion.

“I have a friend from up in that area,” said Gandhi, a Solon-area na­tive who has helped de­velop ho­tels from here to Cincin­nati. “And he asked me to look at (this mar­ket). I did and, I think it’s a unique op­por­tu­nity.”

Gandhi said he did his own fea­si­bil­ity stud­ies and, af­ter­ward, was con­fi­dent the lo­ca­tion, tim­ing and de­mo­graphic have all come to­gether at the right place and at the right time.

He said the com­bi­na­tion of the area’s winer­ies and the Spire In­sti­tute and its con­nec­tion with out-oftown vis­i­tors have helped make the place­ment of the new ho­tel a no-brainer.

Bai­ley con­firmed the venue plans to of­fer shut­tle ser­vice from the ho­tel to any of the many winer­ies lo­cated within 10 miles of it, along with trips into Madi­son Vil­lage proper.

“It’s a re­ally nice des­ti­na­tion,” he said. “From that exit on I-90, there are 20 winer­ies and a dis­tillery within 10 miles.”

Madi­son Vil­lage Coun­cil­man Duane Frager, like­wise, shared his en­thu­si­asm for the new venue, call­ing it some­thing he never saw com­ing in his ten­ure on vil­lage coun­cil.

“The story that ev­ery­body told, in the early days of my ten­ure on coun­cil, was that this was never go­ing to hap­pen any time soon,” Frager said in an Aug. 30 phone in­ter­view. “So I’m re­ally ex­cited that the spot­light is now shin­ing on it.”

Ac­cord­ing to a me­dia re­lease from Madi­son Vil­lage, the project is a $10 mil­lion en­deavor and will be con­structed by Pride One Con­struc­tion and fi­nanced by Geauga Sav­ings Bank and Small Busi­ness Cap­i­tal Corp.

If the weather co­op­er­ates, the venue will be up and run­ning in fall 2018, Bai­ley, Frager and Gandhi con­firmed.

“It’s a re­ally nice des­ti­na­tion. From that exit on I-90, there are 20 winer­ies and a dis­tillery within 10 miles.” — Madi­son Vil­lage Ad­min­is­tra­tor Dwayne Bai­ley

COUR­TESY OF MADI­SON VIL­LAGE

A ren­der­ing of the ho­tel com­ing to Madi­son Vil­lage.

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