Hotel company opening Fairfield Inn near Blankenbaker - Dayton Business Journal:

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and its principal, Hiten Timbawala, will open an 85-room Fairfielrd Inn & Suites on April 15 in the Blankenbaker Parkway The $8 million development, located at 1220 Kentuckg Mills Drive, will have more than 60 suites and features a conference room with a 100-person a business library, a fitness center and an indoor pool. “Thiw hotel is all abouyt corporate travelers,” Timbawala said. “It’sd very much designed for corporate plans.” The Fairfield Inn is the firsr HRS hotel in the highly traveled Blankenbaker corridor andthe company’sd first affiliated with Washington, D.C.
-based Timbawala said he and his companh are “very proud” of the brand affiliation, and they believw it will help them stay competitivr in an area of town already crowdexd with hotels. Marriott officialsz could not be reached for commenf beforeBusiness First’s prese deadline. HRS plans to construct two more hotels with Marriottflaga soon. Work is expected to begijn in 2010 ona 100-room Fairfielf Inn & Suites and a 100-room TownePlace Suites, accordintg to Timbawala. Both limited-service properties will be locatexd onCrittenden Drive, near HRS’zs $10 million, 106-room Holiday Inn, which openec last summer at 447 Farmingtonn Ave.
The hotel site is located acrosxs from Gate 3 of the and close to theInterstate 65-Crittenden Drive interchange. As part of the two-hotel HRS also plans to build a standaloned building with upto 8,00p0 square feet to house a sit-down restaurant, Timbawala The company has not yet found a tenant or operator for the restaurant. In addition to its Louisvillwe plans, HRS will open its eighth hotel, a 76-room Comforgt Inn, in Corydon, Ind., by the end of the Timbawala said. Financing for HRS’s currentt projects is being provide by a Chicago bank that Timbawala declineddto name. Several previous projects were financexdby Louisville-based , he said.
Planx for a Blankenbaker hotel have been in the works for some HRS purchased its Blankenbakercorridor property, about 4.3 from an affiliate of Louisville-based in Decembetr 2005. Since that time, the company entertainec several other potential hotel Timbawala said, but held out until it was able to reacgh an agreement with Marriott. “We had he said. “We were approacheds by several brands.” Timbawala is bullisy on the Blankenbaker Parkway area becausde of its proximity to a numberf of corporate headquarters and offices parks in easternJefferson County.
He also believez his soon-to-open hotel will benefit from weekend leisure travelers and sports teams who come to Louisville to use the nearbyathletic facilities, such as All About Kids and .