The City of Lancaster joined InSite Development and Midas Hospitality to celebrate the official groundbreaking of The BLVD Marriott Residence Inn, a 107-room, 78,500-square-foot hotel in the heart of downtown Lancaster. Located near the corner of Gadsden Avenue and Lancaster Boulevard, the new Marriott property will be the first hotel in the Antelope Valley region situated in a walkable downtown district.
“This development marks the next step in the evolution of downtown Lancaster,” said Mayor R. Rex Parris. “The patrons attracted to this extended-stay property will help strengthen downtown, creating new opportunities for existing restaurants, nightlife venues, and other businesses to thrive. These visitors, in turn, will enjoy a unique experience among one-of-a-kind locally-owned businesses on The BLVD.”
The new hotel is the fruit of a partnership between longtime downtown developer InSite Development and renowned hotel operator Midas Hospitality.
For more than a decade, InSite Development has been a trailblazer in the redevelopment of Lancaster’s downtown area. Led by principals Steve Eglash, Scott Ehrlich, Scott Williams, and Wah Chen, the firm has brought a host of redevelopment and infill projects to The BLVD, ranging from residential and mixed-use to office and retail. Past projects have included the complex that is now Don Sal, Buckle & Boots, and Underground Bowl; redevelopment of the former Union Bank site into a multi-tenant commercial complex featuring Starbucks; and infill projects such as The BLVD Cinemas facility and the Arbor Lofts Apartments.
“InSite Development has been an invaluable partner, working tirelessly to bring about the renaissance of downtown Lancaster – and creating a significant number of new jobs in the process,” added Mayor Parris. “I’d like to thank them for their ongoing commitment and investment in growing and strengthening our City.”
To bring about The BLVD Marriott Residence Inn, InSite has teamed with Midas Hospitality, a hotel development, management, and investment firm that puts people first. The St. Louis-based company owns and operates hotels across the United States with a focus on upscale select-service and extended-stay properties.
“At Midas, our purpose is to make room for people’s dreams,” said J.T. Norville, Co-Founder and Managing Partner of Midas Hospitality. “We know this opportunity has been a dream for InSite, and we’re proud to be participating in the continued growth and expansion of downtown Lancaster, California.”
“Midas is an ideal partner for this key project,” said InSite Development principal Steve Eglash. “Their extensive experience and expertise, together with an impressive track record of success, made them the perfect match to collaborate with InSite to make this project a reality. Together, we make an unstoppable team.”
“With the thriving aerospace industry and ever-expanding sports tourism serving as key drivers of hotel occupancy in the region, demand for hotel space continues to grow,” said Council Member Ken Mann. “Hotels also generate significant revenue for municipalities in the form of transient occupancy tax, which in turn helps enable the City to provide essential services to our residents.”
“We are proud to welcome The BLVD Marriott Residence Inn to the City of Lancaster,” concluded Mayor Parris. “We look forward to the positive impact the project will bring to The BLVD, as well as to the City as a whole.”
The new hotel’s target completion date is in the first quarter of 2021.
Source: AV Daily News, Antelope Valley