News for the Hospitality Executive |
ROCKLEIGH, N.J. (March 31, 2011) ─
Dolce
Hotels and Resorts has signed an agreement to manage a 157-room hotel
soon to
be constructed in downtown Indianapolis designed to be the company’s
model for
future urban hotels: a hybrid between a center-city lifestyle and
conference
hotel.
Steven A. Rudnitsky, Dolce president & chief executive officer, said the hotel ─ expected to open in the fall of 2012 ─ will cater to individual business and leisure travelers, provide group clients with a specialized meetings venue and become a “compelling, sophisticated social gathering point” for people who live and work in downtown Indianapolis. The hotel's conference center is expected to include a significant investment in top-of-the-line audio-visual technology. Additionally, a Cisco TelePresence facility is expected to be developed within the hotel complex. High-speed, wireless Internet service will be available throughout the building, a Dolce brand standard. Planned dining facilities include a full-service restaurant, an American-style brasserie and 1,200-square foot lounge with a commanding view of the downtown skyline. The hotel’s fitness center is expected to be complemented by access to a nearby, state-of-the-art, 75,000-square-foot downtown YMCA. A centerpiece public plaza is contemplated as part of the overall project. The hotel is a key component of a $155 million, mixed-use project being developed by national developer Buckingham Companies. It includes multiple midrise, mixed-use buildings on approximately 15 acres bracketed by Virginia Avenue, South Street and Delaware Street. The property is adjacent to four of Indianapolis’ largest employers: Eli Lilly and Company, WellPoint Inc., Rolls Royce and Indiana Farm Bureau. “This project has the potential to transform this area of downtown,” said Scott Travis, senior development executive at Buckingham. “The final product will represent the best in mixed-use, livable communities and spur even more investment into this important downtown quadrant.” Founded in 1984, Buckingham is a full-service, fully integrated, national real estate company providing a platform that includes the development, acquisition, management and construction of a wide variety of property types including multifamily, student housing and mixed-use communities. Buckingham manages nearly $1 billion of real estate assets for its own account and third-party owners and institutional partners. More than 100 properties consisting of nearly 20 million square feet of property and approximately 20,000 rental units nationwide comprise the managed portfolio. Dolce Hotels and Resorts, headquartered in Rockleigh, N.J., manages 27 other hotels, resorts and conference hotels in North America and Europe. The company is majority-owned by Broadreach Capital Partners and employs more than 4,000 worldwide. Additional information is available at www.dolce.com. Dolce’s portfolio includes properties in New York, Connecticut, New Jersey, Massachusetts, Pennsylvania, Maryland, Georgia, Michigan, Minnesota, Colorado, California, Texas, Nevada, Ontario, Belgium, France, Spain and Germany. This will be Dolce’s first property in Indiana. As a leader in the meetings industry, Dolce hosts some 30,000 events and 4 million group clients globally every year. The company’s founder pioneered the conference center concept and Complete Meeting Package, both now embraced as standards by the International Association of Conference Centers. The company’s vision is to create inspiring environments that bring people together, and its mission is to delight its guests, challenge its associates, reward its owners and serve as a role model in its communities. |
Contact: Rich Roberts RDR PR LLC [email protected] (717) 685-4142 |