Finch Group reveals Residence Inn plans for Cleveland

George Sell George Sell Uploaded 21 August 2017

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US: Developer The Finch Group's plans for the Innova complex in Cleveland include a 175-suite Residence Inn extended stay hotel.

Cleveland City Council last week approved a 10-year, 60 per cent tax abatement for the Residence Inn University Circle/Medical Center at East 101st Street and Chester Avenue. A city analysis of the project estimated it will create 200 construction and 43 permanent, full-time-equivalent jobs.

Alexander DelMonte, president of the DelMonte Hotel Group, which will manage the hotel, said the $38 million, eight-storey property should open in December 2018. The 175 suites will be a mix of studio and one-bedroom units, DelMonte said.

The hotel will be linked to the existing Innova apartment complex by a second phase of 70 apartments.

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