Almost 1,500 new residential units have been constructed in Rahway over the last 15 years, including more than 1,000 downtown, with another 1,000-plus in the works — either approved and not yet begun or presented as a concept plan.
|View from East Milton Avenue|
A new extended stay hotel is taking shape off Routes 1 and 9, with signage recently going up for the Home2 Suites by Hilton.
A hotel that broke ground early this year is taking shape along East Milton Avenue, just off Routes 1/9. The four-story complex, adjacent to Best Western on Paterson Street and abutting Lennington Street, is slated to become a 93-unit Home2Suites by Hilton.
Continue reading Hotel taking shape off Routes 1/9
A new hotel just off Routes 1&9 finally broke ground last month.
A four-story, 93-unit Candlewood Suites gained approval from the Planning Board in March 2009, which was later changed to become a Home2 Suites by Hilton extended stay hotel. Originally, the plan was to construct a Sleep Inn just off Routes 1&9 at the corner of East Milton Avenue and Lennington Street.
The vacant 4.4-acre site was acquired in June 2008 for $2.35 million and currently pays about $6,000 in property taxes as two parcels (Block 338, Lots 3.01 and 3.02).
The city continues to see increased revenues from the local hotel tax enacted almost a decade ago. About $55,000 was realized in the transitional year 2011 budget, covering July to October 2011. Pro-rated, that would be about $110,000, compared to $103,000 in Fiscal Year 2011, $99,000 in 2010, $58,000 in 2009 and $36,000 in 2008, according to municipal budget documents.
The state imposes a 5-percent hotel tax and municipalities are allowed to impose an additional levy of their own of as much as 3 percent. The hotel tax was created during the McGreevey administration in 2003 and Rahway enacted the local tax effective Nov. 1, 2003.
For at least the third time in about five years, a new hotel brand is line for the corner of East Milton Avenue near Lennington Street and Routes 1/9. Home2 Suites by Hilton will replace Candlewood Suites, a Holiday Inn brand, as the extended stay hotel planned for the site. The Planning Board on Tuesday night approved an amendment to a previous preliminary and final site plan that was granted in the spring.
Home2 Suites by Hilton is a mid-tier, extended stay brand by Hilton hotels, launched in January 2008. A representative of Hilton told the Planning Board that Home2 Suites is a higher-end brand than previously was approved and has higher rates and deeper market penetration. About 55 have been approved nationwide and another 50 are expected in the next year if the economy gets better, he said.
There were few changes to the site plan that gained approval in March, according to Christopher Armstrong, attorney for applicant Family Hospitality Inc. The primary difference is an indoor pool, a requirement of Hilton, he added. The previous site plan called for a 93-unit, four-story structure and prior to that the plan was to build a Sleep Inn.
While the Planning Board approved the plans Tuesday night, city planning officials still must approve specifics, including exterior colors and materials, among other things.
Excuse the recent hiatus, there have been a few things going on, between a side project, computer issues and fighting crime. It’s officially summer too, so it’s been a little slow, but there should be some new posts this week — stay tuned.