SHELTON, Conn.--(BUSINESS WIRE)--Officials of New Castle Hotels & Resorts, a leading hotel owner, operator and developer, along with Southwest Properties of Halifax, Nova Scotia and JLK Global Fund International broke ground on a 178-key Courtyard by Marriott/Residence Inn hotel in Dartmouth, Nova Scotia. The dual-branded hotel will be the first Marriotts in the city.
The project is estimated for completion in Q3 2018 and will include a 106-room Courtyard by Marriott and 84-suite Residence Inn in the Dartmouth Crossing lifestyle center and in close proximity to the Burnside Business Park, the largest eastern seaboard business park north of Boston or east of Montreal. The park is home to 2000 enterprises and more than 30,000 employees.
“The dual-brand configuration has been tremendously successful for us in other urban areas like downtown Syracuse, NY where land acquisition is costly,” said Gerry Chase, president and COO of New Castle. “I feel very confident that this project, with known and trusted development partners, and a proven product mix, will be completed in a timely fashion and ramp up quickly to serve the unmet needs of the Dartmouth business community.”
“Dartmouth Crossing is rapidly expanding with iconic brands and is attracting business travelers working in the greater Halifax region,” noted Jim Spatz, chairman & CEO for Southwest Properties. “The hotel is well placed in an area that is becoming a primary shopping destination for Maritime Canada and an athletic hub for Halifax with the new four-pad ice arena and the existing Harbour East soccer and football fields. We believe in Dartmouth Crossing because of our great success with the hotel we built and opened with New Castle Hotels in 2009.”
New Castle and Southwest have partnered previously on the Residence Inn Moncton, New Brunswick, the Hampton Inn and Suites by Hilton Halifax-Dartmouth in Nova Scotia and The Algonquin Resort in St. Andrews, New Brunswick.
“Today’s travelers have varying and specific needs, and over 35 years, we’ve found that the combination of an upscale select service hotel, coupled with an extended stay product is an ideal way to satisfy most guests,” said Chase. “The nearest Marriott hotels are across the bridge in Halifax, so I’m sure that these two hotels will be very well received, particularly by the points-conscious business traveler.”
About Global Fund International
Global Fund International is a private investment company with Fred George, President and CEO
About Southwest Properties
Southwest Properties is one of Atlantic Canada’s leading developers, with more than 1,550 quality apartments and condominiums in its portfolio or under development in Halifax, Nova Scotia, New Brunswick and Newfoundland. New mixed-use projects planned for Halifax, include: MAPLE at 1583 Hollis Street, PAVILION at South Park, CUNARD on the Halifax waterfront, and SETON RIDGE, a sustainable community in Rockingham. Southwest is the majority shareholder of Premiere Suites, Canada’s largest provider of corporate extended stay accommodations. The company’s portfolio also contains hotel properties in partnership with New Castle Hotels & Resorts and 620 condominium units in Southern Florida, in partnership with Armco Properties. http://www.southwest.ca
About New Castle Hotels & Resorts
Shelton Conn. based New Castle Hotels & Resorts is an award-winning independent third-party hotel manager, owner and developer with 20 hotels and resorts and nearly 3,500 rooms under contract or in development. New Castle’s growing portfolio of hotels spans 11 states and two Canadian provinces and includes several of Canada’s historic landmark resorts. The privately-held company was established by CEO, David Buffam in 1980 and consistently ranks among the top hotel management and development companies in North America. New Castle recently was honored with Marriott's 2014 Best Renovation award for the Algonquin Resort and is a preferred operator for diverse brands within the Marriott, Hilton and Starwood families. For additional information, please go to newcastlehotels.com.