MANCHESTER, NH — Sixteen months from now a $23 million, 100-plus room Tru by Hilton hotel will open at Commercial and Spring streets.
On Tuesday city officials and Florida-based developer Peter Flotz gathered at the site for a ceremonial groundbreaking.
The five-story hotel with a parking garage is expected to open in June of 2020.
“We’ll miss the Primary when we could actually make some money,” laughed Flotz.
He said it has been four years since his company began working to get the Millyard area site approved by the city. This project takes his total investment in Manchester to about $100 million, including the new six-story parking garage being built for Southern New Hampshire University and the expansion of Langer Place, both in the Millyard.
Flotz said he is “bullish” on Manchester and has his eyes on other properties to develop.
“We really love working with the city,” he said.
Tru brand hotels by Hilton were introduced to the hospitality market in 2016 to appeal to a younger demographic. They are described by the hotel chain as “vibrant, affordable and young-at-heart,” and typically include a large multi-function lobby area where guests can also eat, lounge and play games, a 24-hour mini-market where guests can grab snacks or single-serve wine and beer, a community work space with cubicles, and “play” area for tabletop and electronic games.
Mayor Joyce Craig said it was “exciting” to have a hotel with parking in the Millyard.
“It’s a great start. I hope there’s more development to come,” she said.