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Huntington Hotel Group Acquires Land, Plans to Develop Two Marriott-Branded Hotels Near San Jose Airport in California

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April 11, 2013

Huntington Hotel Group Acquires Land, Plans to Develop Two Marriott-Branded Hotels Near San Jose Airport in California

A May 2013 Start is Planned for the 175-room Residence Inn?and the 146-room Springhill Suites

RVING, Texas–April 10, 2013?–An affiliate of Huntington Hotel Group purchased 3.21 acres of land near San Jose Airport and will break ground next month on two new Marriott-branded hotels that will operate within a single building at 10 Skyport Drive at the intersection of North First Street in San Jose, CA. Huntington Hotel Group along with affiliate San Jose HHG Hotel Development LP will develop a 175-room Residence Inn and a 146-room SpringHill Suites 0.5 miles east of the San Jose International Airport. Barry Swenson Builder has been selected for the construction project.

The extended-stay and select-service Residence Inn by Marriott and the SpringHill Suites by Marriott will be enclosed in one seven-story building with guestrooms on levels two through seven. The hotels will share a pool, health club, gift shop, three-story parking garage as well as back-of-house areas.

?We recognized the need for additional extended stay lodging in the area due to the success of Silicon Valley technology companies and new/expanding companies driving employment growth,? states Kevin Keefer, principal of Huntington Hotel Group. He continued, ?we were pleased to hear about several state-of-the-art corporate headquarters being developed in the surrounding area.? San Jose is home to more than 6,600 technology companies employing more than 254,000 people; and fourteen Fortune 500 companies are headquartered in San Jose. ?The recent airport expansion influenced our decision as well,? added Kevin Keefer. Mineta San Jose Airport recently completed a $1.3 billion renovation / expansion and serves 8.3 million passengers annually (in 2012), approximately 23,000 passengers a day. Also, they plan to add direct flights to Asia from the airport.

Barry Swenson Builder has been selected for construction of this project. The firm has been a dynamic partner in the growth of Silicon Valley since 1961. Three generations of expertise deliver an unparalleled level of creative design, quality developments and efficient construction practices. ?Our long standing history building well-located branded hotels make us a perfect fit to build the duel-branded Marriott at Skyport and North First. Working in tandem for the past year and completing the working drawings, we are ready for this large construction project to break ground in May,? according to Michael Black, Senior Development Manager at Barry Swenson Builder. He continued, ?This deal is exciting for all parties involved?Huntington Hotel, Barry Swenson Builder?and the surrounding community.?

[box type=”tick”]About Huntington Hotel Group

Huntington Hotel Group and its affiliates provide management and/or financial services to more than 50 full- and select-service hotels in fourteen states. The Company?s management portfolio consists of more than 4400 full- and select-service hotel rooms. In addition to the current owned and managed hotels, the Company continues to seek acquisition and development opportunities.

About Barry Swenson Builder

For thirty-five years, Barry Swenson Builder has been a dynamic partner in building the Bay Area. Three generations of expertise, along with a proven Design-Develop-Build platform, deliver an unparalleled level of creative design, quality developments and efficient construction practices. Throughout Northern California, BSB?s wide range of construction and development services is backed by decades of resources, referrals and sound business practices that have made BSB a respected leader in the community.[/box]

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