By Sam Elliott
Pending approval from the Fishers City Council in August, the currently under-construction interchange at Interstate 69 and 106th Street will house a new Fairfield Inn and Suites hotel as early as next summer.
Valparasio-based Good Hospitality Services LLS is proposing an $8 million project that would include a four-story, 99-room hotel at the southwest corner of 106th Street and Crosspoint Boulevard. HRC Hotels LCC, based in East Lansing, Mich., will own the hotel, which is expected to have an average room rate of $110 per night.
“This will be our sixth hotel in the region,” Good Hospitality Services and HRC president Jeffrey Good said. “We have one at the airport, two downtown, two on the northwest side and this would be on the northeast side. … We’re taking a look at the beltway, we’re taking a look at where there are emerging or growing markets and obviously I think everybody that knows about Fishers knows it’s a pretty rapidly developing area. We just felt we wanted to be a part of that.”
While the new I-69 interchange at 106th Street makes the location more appealing, Good’s team was already eyeing the area before that project was planned.
“The interchange being put in was part of the appeal to us, but we were up looking in Fishers in that area anyway,” he said. “We were looking before the overpass and all that and the interchange just sort of added to it. I guess we were a little bit ahead of the game.”
The project will be the area’s first to go before the city council since ordinances were passed in May requiring developments along I-69 at 106th and 116th streets to receive council approval while the city reworks its outdated zoning standards.
“We have two meetings left so far with the City of Fishers in August,” Good said. “Barring any issues there, we would like to start construction in September right around after Labor Day, which would then probably take us out through sometime early next summer for opening. A lot of that really depends on the winter weather and how bad Mother Nature treats us over the winter, but we’re planning on starting this fall.”
“The biggest thing we always like to try to get across to local communities when we come into town and invest in those communities — and obviously we’ll be paying quite a bit of property taxes and personal property tax to the community — our big thing we try to let people know is that we design, we develop and we build our own hotels,” Good added. “This isn’t all a third-party deal; we own them and we operate them. The people that are standing in front of the City of Fishers and going through everything and the group that will be on-site building and the people that will be running it are all the same folks.”