Print
Real Estate - Commercial

Developers Celebrate Start Of New Hotel Near Hospital

By Cece Nunn, posted May 11, 2018
Hotel developers Steve Arp (from left) and Singh Ahluwalia held a groundbreaking ceremony Friday for the Holiday Inn Express & Suites coming to Medical Center Drive in Wilmington (Photo by Cece Nunn)
The developers of a $12 million hotel that will be built on Medical Center Drive held a groundbreaking ceremony for the project Friday morning. 

The four-story, 109-room Holiday Inn Express & Suites is under development by Kismet Wilmington LLC on 2 acres at 1025 Medical Center Drive.

Hotel developer Steven Arp and partners involved in the Holiday Inn Express, including Singh and Manjula Ahluwalia, were among those who attended the ceremony Friday at the currently wooded site. The hotel will be built by Tennessee-based Thomas Builders and the work could take up to 18 months, depending on permits and weather. Holden Beach resident Mike Merritt is the superintendent for Thomas Builders for the project.

"We're just looking forward to providing another venue for the community, taking care of them and providing a wonderful service," Arp said Friday. "We think Wilmington is such a great, diverse market."

He said the hotel is expected to welcome both business and leisure travelers. "Then you have people that have the need to go to the hospital, and family members have got to have a place to stay," Arp said.

Singh Ahluwalia said the partnership group building the Medical Center Drive hotel studied the market and had a feasibility study done before choosing to buy the property for its first hotel in Wilmington. The group, which has built hotels throughout North Carolina and South Carolina, is also looking at potential hotel sites elsewhere in Wilmington.

Nicholas Silivanch, a broker with Wilmington-based Eastern Carolinas Commercial Real Estate, who represented the development group in the purchase of the Medical Center Drive site, said at the ceremony Friday, "It's always been a pleasure to represent Steve in finding sites for him throughout the Carolinas for hotels. And we're excited to continue our work both here in Wilmington and elsewhere in helping him locate suitable sites for hotel brands."

Story On The Map

Ico insights

INSIGHTS

SPONSORS' CONTENT
Ubs chadpearson headshotresized

The Three Dimensions Of Selling Your Business

Chad Pearson - UBS Decision Point Wealth Consulting
Chris coudriet

A Public Service Profile for Housing Affordability

Chris Coudriet - New Hanover County Government
Web awstaffpic2020 1 132245438

The Luncheon for Literacy: More than a Meal

Alesha Edison Westbrook - Cape Fear Literacy Council

Trending News

After County Plea, Treasurer ‘neutral’ On Whether Project Grace Gets Vote Next Meeting

Johanna F. Still - Aug 8, 2022

Three Locals And One Distillery Compete In Statewide Chef Showdown

Jenny Callison - Aug 8, 2022

New Hanover Community Endowment To Share Details On Grant Criteria

Staff Reports - Aug 8, 2022

In The Current Issue

Film Focus: Printing The Scene

Port City Signs & Graphics "does everything for their set in the way of decals, magnets, backdrop items, canvas art, vehicle graphics and se...


Stacking The (parking) Deck

The amount and cost of parking in urban settings is a ubiquitous topic, particularly in growing cities like Wilmington, where not everyone a...


Film On Rebound; New Horse Enters Race

New soundstages in Wilmington are set to be constructed toward the end of the year – marking activity that appears hasn’t happened since the...

Book On Business

The 2022 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

Trying to Grow a Business?
2020 Health Care Heroes
2020 WilmingtonBiz 100