New Residence Inn by Marriott at Chicopee MA Breaks Ground

Local and state officials joined BK Investments, a Chicopee-based developer, as they broke ground for the new Residence Inn by Marriott at Chicopee Crossing.  Located at 500 Memorial Drive, the hotel is owned by BK Investments, will operate as a Marriott franchise, and will be managed by Waterford Hotel Group of Waterford, Connecticut. The Opechee Construction Corporation of Belmont, NH is serving as contractor and architect for the hotel.  The Residence Inn by Marriott Chicopee is slated for a late summer/early fall 2013 opening and will employ approximately 45 full and part time associates. 
 
PeoplesBank of Holyoke is serving as the lead lender for the hotel project.  Additionally, Granite State Development Corp was the Certified Development Company used to secure Small Business Administration financing for the project.
 
“Today marks a very special occasion and an important step for the Chicopee Crossing development project,” said Dennis Patel, CEO of BK Investments.  “This new hotel would not be possible without the efforts of many, and we are thankful for all the support we have received on the state and local levels, as well as the entire Chicopee community.  We look forward to introducing the new Residence Inn by Marriott next year,” added Patel.
 
“We welcome our new partners in hospitality as Memorial Drive continues to prove itself to be one of the hottest retail and lodging corridors in the Northeast,” said Chicopee’s Mayor Michael Bissonnette during groundbreaking ceremonies.
 
Designed to attract extended stay business travelers and corporate and leisure travelers, the Residence Inn Chicopee will offer guests exceptional long-term stays in a comfortable environment. The hotel will include 115 suites, including one and two bedroom suites, all with comfortable and multi-functional living areas. Each suite at the Residence Inn Chicopee will feature a fully-equipped kitchen with full-sized refrigerator, stove, microwave and coffee maker. The hotel will also provide guests free hot daily breakfast as well as free high-speed Internet access in all suites and lobbies. The Residence Inn Chicopee will also offer such amenities as an indoor pool, exercise facilities and business center, as well as private meeting space for events and family gatherings.  Also, the hotel will be utilizing Geothermal Renewable Energy to partially heat hot water.
 
Waterford Hotel Group will provide management services for the hotel.  “We are proud to be working with the BK Investments team on this exciting project. The new Residence Inn by Marriott at Chicopee Crossing will offer guests a home away from home, while providing modern amenities for both leisure and business travelers to Chicopee,” said Rob Winchester, President and COO of Waterford Hotel Group.

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