Officials believe $4.4 million hotel is key to growth at Troy Towne Park
Dayton Business Journal - Friday, July 4, 2008 - Dayton
Business Journal - by Tom Demeropolis DBJ Staff Reporter
Development lands Fricker's, Comfort Suites
A major development off Interstate 75 in Troy is moving forward with a new hotel and the area's largest Fricker's restaurant location.
The hotel, a $4.4 million Comfort Suites, will be the latest addition to the Troy Towne Park development that hugs the northern side of the Wal-Mart Super Center along Interstate 75.
Fricker's and Cold Stone Creamery will open shortly after construction begins on the hotel.
Officials with Singer Properties, the developer of Troy Towne Park, believe the hotel is the key to spurring more growth in the 67-acre development.
"The hotel will be an
impetus for the remaining parcels," said Alex Kolodesh,
Troy Towne Park currently
houses the 204-unit Towne Park Apartments, The
Learning Place, Winans Fine Chocolates and Coffee,
Cork-N-Vine, Dagwood's, A.G. Edwards,
National City, Outback Steakhouse and Jay &
Mary's Book Center.
There are about 28 acres
of land left. Kolodesh said the addition of Fricker's,
Cold Stone and Comfort Suites will help to tie the
"When we take these final
pieces and we put them together, it will look really
special," Kolodesh said.
Comfort Suites had
originally planned to break ground last August, but
Kolodesh said design changes held up the starting date.
He hopes to market the
remaining out-parcels to other restaurants once the
hotel is underway.
While the Comfort Suites
won't open until next April, city leaders are looking
forward to a new hotel.
This will be the ninth
hotel in Troy, and the first one to crop up in several
years. Jim Dando, director of development for the city
of Troy, said Comfort Suites will fill some of the
demand for hotel rooms.
"We have a number of
hotels that are full the majority of the time, with
business travelers and tourism travelers," Dando said.
"This will supply some more rooms."
Comfort Suites will cater
to business and tourism travelers, offering more space
and amenities than the average hotel.
Fricker's and Cold Stone
will also boost the area's offerings of amenities.
Paul Curtis, director of
franchising and human resources for Dayton-based
Fricker's USA, said the company wanted to find a good
location in Troy because of the potential for growth.
"We have looked in Troy
for many years for a property," Curtis said.
Work has already started
on the 7,000-square-foot location, which is gunning for
a Sept. 1 opening date.
Custom Construction is finishing the restaurant.
Curtis said opening the new location will cost about
$650,000 including kitchen materials, TVs, tables and
chairs and training.
This Fricker's, which will
be company-owned, will also feature a large game room
with darts and an outdoor patio.
Curtis said Troy Towne
Park was the right location for the company's 19th
location because it will open strong and gain customers
as the region grows and develops.
"The store will do very
good from the beginning, but it will improve over time
as well," he said.
The beer-and-wing joint
will hire about 100 employees, a mix of full- and
part-timers. The restaurant will seat more than 250
Comfort Suites is being
built by Dayton-based J & E Builders Group.
The three-story hotel will
have 66 rooms. All of the rooms will be suites, with
areas for sleeping and for lounging and working.
"They are bigger, nicer,
with refrigerators, microwaves and flat screen TVs,"
said Jeff Vaughan, project manager with J&E Builders
hotel also will feature a two-story lobby and fireplace,
an indoor pool and hot tub connected by a waterfall, and
space for a hot and cold continental breakfast.
J&E started as a
residential builder in 1994 but has since moved into
commercial and office work. This is the first hotel for
J&E, but Vaughan has said his company is looking to bid
on more hotels.
Call (937) 528-4427.