Cape Girardeau Area and Southeast Missouri Commercial Real Estate...
 

CANDLEWOOD SUITES HOTEL TO BE BUILT IN CAPE

Candlewood Suites Hotel to be built on S. Mount Auburn Road in Cape Girardeau

A Farmington based hotel developer has plans to build a new Candlewood Suites Hotel to be located along South Mount Auburn Road near the Highway 74, I-55 interchange.  ARV Group, LLC has just closed on the 1.73 acre site according to Tom Kelsey, commercial broker who handled the real estate transaction. 

Kelsey said the hotel developer intended to start construction in the spring on an 89-room Candlewood Suites Hotel, which is Holiday Inn’s extended stay product.  The group went before the city council back in November and was approved for a zoning variance, so they could construct the four-story structure at that location.  The hotel site would be at the southwest corner of the property overlooking Interstate 55 and would be 13’ taller than the present C-2 zoning designation allows. 

The site is within an 11.75 acre development parcel recently sold and handled by Kelsey to Mayson Investment, LLC, primarily owned by Jim and Jeff Maurer. Engineering and construction has already begun on the water, sewer and street infrastructure.  Maurer’s also have ownership in Rhodes 101 Convenience Stores and have plans to build a new concept Rhodes Convenience store near the hotel site, just south of Bloomfield Road.  

The development has been named, Cape West Crossings and will have several other commercial lots available for retail, office, restaurant and other commercial uses.  The hotel developer, ARV Group owns several other hotels in the Midwest including locations in Missouri and Arkansas.  They are an approved developer with Marriot, Holiday Inn as well as other hotel franchises.  They chose the Candlewood Suites for Cape Girardeau since the area does not currently have an extended stay type hotel.

 

 
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