Property for two more WoodSpring Suites extended stay hotels are in the hands of developers. The brand is part of Choice Hotels International Inc. Three already operate in Jacksonville.
The developer, part of Concord Hospitality Enterprises, proposes a four-story, 122-room WoodSpring Suites on 1.85 acres at a construction cost of $6.6 million.
Concord Hospitality is based in Raleigh, North Carolina. The city approved development plans Dec. 5 for the project and is reviewing a building permit application for the project at a job cost of $6.6 million.
Quanah Properties LP of Southlake, Texas, sold the WoodSpring Suites at 8341 Dames Point Crossing Blvd. to Dallas-based Provident Realty Advisors for $5.1 million. The deed was executed Dec. 3.
Property records show the four-story, 121-room, almost 43,000-square-foot hotel was built on almost 1.71 acres in 2007.
Quanah, through I-295 at Merrill LLC, sold the property to Jacksonville WSS LLC, in care of Provident Realty Advisors. Quanah paid $1.15 million for the site in 2007.