Kingstown, RI – The new “green” TownePlace Suites by Marriott in the Quonset Business Park is nearing completion. The 103-key extended stay hotel is being developed as part of the Gateway Parcel Master Development by New Boston Fund Inc of Boston, MA and Waterford Development of Needham, MA. Pro Con, Inc of Manchester, NH is the architect and construction manager for the $7.5M sustainable design build hotel. Colwen Management of Nashua, NH will manage the hotel when it opens this spring.
“Interior finishes are underway and the furniture, fixtures and equipment will be installed in early March,” stated the project manager for Pro Con Inc. “The hotel project schedule remains on target for a March 2011 completion date and an April 2011 opening date.“
The developer has registered the 4-story, 55,453-sf hotel with the US Green Building Council (USGBC) and intends to pursue certification under the USGBC’s LEED (Leadership in Energy and Environmental Design) program; making it one of the first LEED certified hotels in Rhode Island. Pro Con Inc’s design incorporates many sustainable features including a geothermal system for heating and cooling, excavation material was crushed and reused for structural fill, the landscape plantings will be low water tolerant plants and the lawns will be watered using water collected from storm runoff.
TownePlace Suites by Marriott, which is designed for the extended stay traveler looking for moderately priced accommodations, will offer complimentary continental breakfast and each suite will have separate working, lounging and sleeping areas. The studio, one and two bedroom-suites will also have kitchens equipped with a stovetop, microwave, refrigerator and coffee maker. On-site amenities will include a breakfast buffet area, indoor pool, fitness room, outdoor patio and guest laundry. The hotel is conveniently located across from The Shops at Quonset Point at the intersection of Gate Road and Route 403 and is clearly visible from the highway.
Waterford Development Corporation was formed as the development division of The Waterford Companies in 1955, and has developed over $200 million of real estate over the last 10 years using the real estate development and financial expertise of the principals, Richard N. Houlding and Robert E Shapiro. Waterford Development Corporation has combined the unique ability to design, develop, finance and lease both large and small commercial and residential properties.
New Boston Fund is an independent, privately owned, real estate investment manager and an industry leader in providing real estate investment, development and management services. New Boston has acquired commercial and residential properties with a cumulative market value of about $4.4billion, including 23 million square feet of commercial real estate and 7,500 residential units.