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
Kellyerola headshot lcflc

Can I Get Hospice Care At Home During COVID-19?

Kelly Erola - Lower Cape Fear LifeCare
Dallas headshot 300x300

5 Aspects Of Strong Goals And The Consequences Of Missing Them

Dallas Romanowski - Cornerstone Business Advisors
Aaeaaqaaaaaaaaidaaaajdhiztrkodm0lte2yjetngrkmy1hotrmltawmdvlmwqyztmymw

With (More Than) A Little Help from Our Friends

Diane Durance - UNCW Center for Innovation and Entrepreneurship

Trending News

Atlanta-based Developer Plans More Than 300 Apartments In Leland

Cece Nunn - May 7, 2021

Local Business Leaders Weigh In On Brunswick's MSA Future

Christina Haley O'Neal - May 6, 2021

Vantaca Fills HOA Industry Need

Scott Nunn - May 7, 2021

Meet The 2021 CEA Winners

Vicky Janowski - May 7, 2021

General Aviation Services Business Hiring Ahead Of Busy Season

Christina Haley O'Neal - May 7, 2021

In The Current Issue

Cargo District’s Popularity Continues

Wilmington’s Cargo District continues to grow as companies join the area and others expand within it....


Wilson Center Springs Back To Life

More than a year after closing its doors to the public due to a worldwide pandemic, Cape Fear Community College’s Wilson Center welcomed gue...


Tech Firm Tackles Opioid Crisis

One Wilmington startup is leading efforts in the region to help treat the disease by using data and technology....

Book On Business

The 2021 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