Metro Jacksonville

Jacksonville by Neighborhood => Downtown => Topic started by: thelakelander on January 21, 2015, 12:41:32 PM

Title: Wyndham hotel, adjacent 10 acres under contract
Post by: thelakelander on January 21, 2015, 12:41:32 PM
QuoteBy Karen Brune Mathis, Managing Editor

The Wyndham Jacksonville Riverwalk and another 10.38 acres around it on the Southbank riverfront are under contract to a buyer, owners' representatives confirmed Tuesday.
The representatives would not disclose the buyer or its plans. The hotel and surrounding property are separately owned.

The Wyndham property sale could be completed by March.

"New capital and new investment will be coming with this transaction, which is going to very good for the hotel in the community," said Richard Lillis, executive vice president of Colliers International in Miami and a hotel specialist.

"I think the community is going to be thrilled," he said.

http://www.jaxdailyrecord.com/showstory.php?Story_id=544745
Title: Re: Wyndham hotel, adjacent 10 acres under contract
Post by: Noone on January 21, 2015, 12:57:54 PM
300 slip marina?
Two new brand new floating docks on the Southbank and one vendor?
Does anybody care? Scott Wilson, Don Redman feel free to jump in here.
Remember Shipyards and a 150 slip marina and not one slip for the Public
2015 New Docking Rules and Penalties. The DIA never voted on this. Why not?
Visit Jacksonville
Title: Re: Wyndham hotel, adjacent 10 acres under contract
Post by: Buforddawg on January 21, 2015, 05:42:03 PM
This deal has the potential to reshape the Southbank area.  Let's hope that the deal goes through and the land is developed.
Title: Re: Wyndham hotel, adjacent 10 acres under contract
Post by: coredumped on January 21, 2015, 08:55:31 PM
Very exciting! Especially if they did do a 300 slip marina. Most cities don't have that option.
First thing that needs to be done would be a SERIOUS rehab of the Wyndham. That place isn't fit to be a super 8,let alone a Wyndham downtown at the river walk.
Title: Re: Wyndham hotel, adjacent 10 acres under contract
Post by: finehoe on January 22, 2015, 11:34:11 AM
^^It is pretty dumpy.
Title: Re: Wyndham hotel, adjacent 10 acres under contract
Post by: copperfiend on January 22, 2015, 04:48:40 PM
I have not been there in a few years but I was not impressed either.
Title: Re: Wyndham hotel, adjacent 10 acres under contract
Post by: blizz01 on January 22, 2015, 05:20:17 PM
Vantage Hospitality Group - not too sexy.  Hope they have high aspirations.

http://en.wikipedia.org/wiki/Vantage_Hospitality
Title: Re: Wyndham hotel, adjacent 10 acres under contract
Post by: jaxlore on January 26, 2015, 03:24:01 PM
Yeah if you look at Vantage's hotel brands, most of them do not look like anything to rave about for such a visible spot. :(
Title: Re: Wyndham hotel, adjacent 10 acres under contract
Post by: coredumped on January 26, 2015, 07:17:37 PM
That sucks, we still have a long way to go in some regards.
Title: Re: Wyndham hotel, adjacent 10 acres under contract
Post by: pierre on January 27, 2015, 09:15:03 AM
The Wyndham property is horrible. The property is way too spread out for being so close to our urban core. And it has not been well upkept. Too bad the hotel won't be torn down and replaced with a more fitting building for the area.
Title: Re: Wyndham hotel, adjacent 10 acres under contract
Post by: PeeJayEss on January 27, 2015, 09:39:06 AM
So this includes the property that was previously the Wharfs?
That are has such potential.
Title: Re: Wyndham hotel, adjacent 10 acres under contract
Post by: acme54321 on January 27, 2015, 09:47:07 AM
Quote from: PeeJayEss on January 27, 2015, 09:39:06 AM
So this includes the property that was previously the Wharfs?
That are has such potential.

I think it's everything between the DCSB and Peninsula
Title: Re: Wyndham hotel, adjacent 10 acres under contract
Post by: Gators312 on January 27, 2015, 11:21:57 AM
Quote from: pierre on January 27, 2015, 09:15:03 AM
Too bad the hotel won't be torn down and replaced with a more fitting building for the area.

Has anyone confirmed what the plans are upon purchase?