Choice Hotels breaks ground on two NYC properties
Times Square, Chelsea hotels will be New York City’s first under Cambria Suites brand
Choice Hotels International broke ground today on two Manhattan locations of Cambria Suites, a day after the company began work on another Cambria Suites property in White Plains, N.Y. Together, the three properties cost $141 million and will create 461 hotel rooms, according to a company release.
The Manhattan hotels will be located at 30 West 46th Street in Times Square and 123-125 West 28th Street in Chelsea. As The Real Deal previously reported, Extell Development sold the interest in the Times Square location to Cambria Suites over the summer.
The New York locations mark Cambria’s first foray into a major metropolitan market, although there are roughly 20 Cambria properties in the U.S. and an additional 26 under development nationwide.
“Today represents sort of a real turning point for the brand,” Choice CEO Steve Joyce told Crain’s, which first reported the groundbreaking.
The Chelsea hotel will have 135 suites and total 56,500 square feet of space. It will open in the second quarter of 2014. The Times Square location will total 81,000 square feet and 196 suites. It will open in the winter of 2014. White Plains will open first next summer, Crain’s said. [Crain’s] — Zachary Kussin