MANCHESTER, NH — A ceremonial groundbreaking took place Thursday afternoon for the 82,200 square-foot Residence Inn by Marriott, across from the SNHU Arena.
Anthony H. Librot, chief operating officer and chief financial officer of AAM 15 of Burlington, Mass., which owns the property, said the hotel should be completed by next spring and will cost between $20 and $30 million.-
Two buildings, one previously housing E & R cleaners and the other, the Tsiaras office building at 67 Central St., were demolished to make way for the extended stay hotel described as upscale.
PROCON of Hooksett is the architect and construction manager of the project.
Matt LaBarre of Dover, area vice president of lodging and development for Marriott, is a lifelong resident of New Hampshire having grown up in Amherst. “It’s such a beautiful state,” he said.
He said the extended-stay hotel, with rooms featuring full kitchens, is one of their most desired buildings.
The 4-story hotel is designed for travelers seeking both short and long-term accommodations. It will include 105-king and 18-double queen studio suites, totaling 123 rooms.
A lounge and restaurant will be on the ground floor and it also will have a saltwater pool, fitness facility, 24/7 market and business center, a laundry room and an outdoor patio with a fire pit, grill and seating. It also includes underneath parking as well as parking in the rear of the hotel.
AAM 15 has been in business for 10 years and has developed other hotels in Maine, Massachusetts, Vermont and Virginia. PROCON, a privately held company, has been in business for 80 years and has built numerous hotels, including Residence Inns in Waltham and Concord, Mass.
About 50 jobs will be added once the hotel is finished. AAM 15 CEO and Founder David Masse said he hopes that SNHU students perusing hospitality business degrees will view the Residence Inn as an opportunity to gain practical work experience through internships.