The Mathis Report: WaterWalk hotel in works for Southside

153-room all-suites property is planned for Perimeter Park.


A rendering of the Dallas WaterWalk property. WaterWalk plans a hotel at 8833 Perimeter Park Blvd. to offer corporate lodging.
A rendering of the Dallas WaterWalk property. WaterWalk plans a hotel at 8833 Perimeter Park Blvd. to offer corporate lodging.
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WaterWalk, a Wichita, Kansas-based developer of extended-stay hotels and corporate lodging, is working toward a 153-room all-suites project at Perimeter Park, off Southside Boulevard.

The city issued mobility fee calculation and concurrency reservation certificates and JEA issued a service availability letter for WaterWalk to develop a 35,000-square-foot project at 8833 Perimeter Park Blvd.

The 10.7-acre site is at northwest Butler and Southside boulevards.

It is designed to include corporate lodging.

Beaver Dam Development LLC of Raleigh, North Carolina, is the property owner. The civil engineer, architect and planner is Kimley-Horn and Associates Inc.

Plans show two WaterWalk buildings of just over 15,000 square feet each on 6.05 acres. There is a future phase of 4.64 acres of up to 50,000 square feet of commercial space.

The city calculated a mobility fee of $13,477 to mitigate the traffic impact.

A rendering of the Dallas WaterWalk property. WaterWalk plans a hotel at 8833 Perimeter Park Blvd. to offer corporate lodging.
A rendering of the Dallas WaterWalk property. WaterWalk plans a hotel at 8833 Perimeter Park Blvd. to offer corporate lodging.

Kimley-Horn applied to rezone the property from IBP to planned unit development because current zoning doesn’t include corporate lodging or extended stay hotels as a permitted use.

Corporate lodging is defined as the leasing of furnished or unfurnished units on a temporary basis primarily to corporate clients as an alternative to traditional hotels or extended stay hotels.

“Corporate lodging offers larger quarters and (a) more highly amenitized environment for a more discerning guest,” says the written description for the WaterWalk PUD.

Stays typically average more than 30 days and a typical WaterWalk property experiences about two check-ins a day. That allows for an operating model that specializes in customer service, such as weekly housekeeping and grocery delivery, it says.

The description says WaterWalk combines “the best of both a corporate apartment and an upscale extended stay hotel.” Stays can range from a few days to several months or longer, accommodating the needs of guests visiting for short-term corporate training and contract work up to longer corporate relocations.

WaterWalk offers one- two- and three-bedroom units that come furnished or unfurnished.

“This allows WaterWalk to effectively serve a wide range of corporate travel and relocation needs,” says the application.

WaterWalk.com shows five open locations and seven “coming soon.” Jacksonville is not on the list.

WaterWalk’s site says it is the fifth national brand started by Jack DeBoer, including Residence Inn, Summerfield Suites, Candlewood Suites, and Value Place/WoodSpring

 

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