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03.14.14 // MYMERIDIANPRESS.COM
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Hotel could develop at The Village connect hbeech@mymeridianpress.com Work: 208-465-8193 Mobile: 208-899-6432 Twitter: @HollyBeechMP Facebook: Holly Beech MP
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hotel company is eyeing The Village at Meridian. If a deal goes through, you can expect the new hotel to open its doors in late 2015. CenterCal Properties CEO Fred Bruning met with the hotel operator March 6. CenterCal is the developer of The Village and several other lifestyle and shopping centers like it in other states. Bruning said it’s too soon to identify the hotel, but the building would probably have about 150 rooms and be a roughly $15 million investment. He described the hotel as nice, affordable and different than what’s already offered in the area. “We want to be accessible to everybody, but at the same time, we don’t just want to be what’s already down the street,” he said. A hotel at The Village would fit the needs of the Eagle Road corridor, Bruning said, which is home to several large medical and office developments. He believes The Village will be a catalyst for more of this type of development in Meridian. The Village, a $300 million retail-and-office complex at the corner of Eagle Road and Fairview Avenue, opened its latest phase in October, which
includes new-to-Idaho restaurants, upscale shopping, a theater, gym and outdoor plaza. Sales are exceeding expectations, Bruning said. Kona Grill, for example, has a higher sales volume in Meridian by Holly Beech than any other Kona Grill in hbeech@mymeridianpress.com the country. The Yard House © 2014 MERIDIAN PRESS at The Village is within its chain’s top 10 sales, he said. “That’s pretty impressive for a project that’s still under construction,” Bruning said. “... I think it shows that there was really a gap of services in Meridian.” The Village has over 40 tenants right now, and up to 60 more are expected to open by the time the complex is finished in late 2015. Several will be new to Idaho. “We’re probably about 85 percent leased for the total project right now, which I think is great given the fact that we’re just coming out of a pretty strong recession,” Bruning said.
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We want to be accessible to everybody, but at the same time, we don’t just want to be what’s already down the street.” FRED BRUNING CenterCal Properties CEO
JOIN US ARE YOU A HIGH RISK PREGNANCY? Thursday, March 27th 6-7 PM Free Healthy Women’s Series • Hear helpful insights from a Board Certified Physician • Learn healthy information and wellness tips • Socialize and share with other expectant moms Birkeland Maternity Center Join us for a tour at 7:00 pm
RSVP: grohspr@trinity-health.org or call (208) 463-5872
Dr. James Betoni, MD, FACOOG Maternal-Fetal Medicine Send a general question for Dr. Betoni to answered at the event. Text BABIES to 88000.
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© 2014 Vol. 1, No. 59, 14 pages An edition of the Idaho Press-Tribune
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