The Real Deal Miami

Wichita-based Value Place hotel chain finalizing Miami plans

Extended-stay hotelier also has plans in Davie and Lake Worth

January 13, 2015 12:00PM

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A rendering of a typical prototype of a new Value Place hotel location.

A rendering of a typical prototype of a new Value Place hotel location.

The Value Place hotel chain is finalizing plans to build a new hotel in South Florida this year, near Zoo Miami and highly visible from the Florida Turnpike.

The Wichita, Kansas-based extended-stay hotelier is also building new hotel properties in Davie and Lake Worth.

Typical Value Place hotel properties feature 124 rooms, and the hotel chain reports it has entered into an agreement with Gold Coast Premier Properties. The duo plan to build additional properties in the future, GlobeSt.com reported.

“Florida’s economic and demographic trends make it an ideal fit for Value Place, and the Zoo Miami location is a perfect complement to the properties the company is building in Davie and Lake Worth, Florida,” Ron Burgett, executive vice president of franchise development at Value Place, said in the article. [GlobeSt.com]Kristina Puga

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