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Park District Commits to Bring Hotel to Arrowhead

Park District board of commissioners sign letter of commitment with golf course developer Fairway Suites, LLC to bring a hotel to Arrowhead in Wheaton.

 

The Wheaton Park District entered into an agreement Wednesday to bring a hotel to the Arrowhead Golf Club property. Officials signed a letter of commitment with Fairway Suites, LLC, allowing them to represent the park district in presentations to hotel chains such as Marriot, Hilton and Hyatt for a potential project.

According to a report submitted to the park district by Fairway, the hotel would have approximately 120 suites. Assuming the hotel operates at 70 percent occupancy, the hotel would generate 45,000 guests per year, the report states.

Board Commissioner Kim VanderSchaaf said that the hotel would not meet the mission of the park district and was not needed at the facility.

Commissioner Phil Luetkehans said the hotel would help revenue for the park district. Commssioner Terry Mee said that nothing in the park district’s vision precludes them from hotels or other “primary money makers. 

“We’d be foolish to look the other way and not consider it,” Mee said.

Brian Burton, Chief Operating Officer of Fairway Suites, LLC, told board members Wednesday that the plan for a hotel at Arrowhead is a “simple concept.” 

The hotel franchise would enter into a long term lease agreement with the Wheaton Park District, Burton said Thursday. He explained that Fairway approached Arrowhead about the deal after a hotel franchisor identified Wheaton as a market they'd like to enter. 

He explained how the golf course and its “outstanding” banquet and dinner facilities would allow the hotel to be built without any additional site work. "We seek out a golf course that has amenities that would be a good match ... Arrowhead definitely has those," he said. 

Fairway Suites hotels target the business traveler and Monday through Thursday short-term commercial travelers for extended stays, according to the Fairway report. The suites provide large rooms with kitchenettes, internet and complimentary breakfasts.

Fairway will now represent the park district in discussions with major hotel brands and has preliminarily assembled a package to distribute to hotel franchisors on Monday, Burton said, noting that it usually takes two to three weeks for franchisors to send someone to look at potential properties. The park district, however, is not obligated to any expenses related to the project, according to the letter of commitment. 

The board meets again at 7 p.m. Wednesday, Aug. 17. 

Related Topics: Arrowhead, Fairway Suites, Golf Course, Hotel, Story of the Month, and Wheaton Park District

Roger

10:40 am on Friday, July 22, 2011

I'd prefer that the Park District focus on one thing at a time. Let's get the development of the Hubble property done appropriately before entering into even more speculative endeavors.

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Daniel M. Vallo

11:52 am on Friday, July 22, 2011

Roger I agree with you 100 %. The Park District needs to slow down and revisit what it's core goal is being recreation. All that glitters is not gold !!

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Roger

4:28 pm on Friday, July 22, 2011

Even aside from basic questions on the viability of a hotel, the development of for-profit businesses by governmental units is a potential powder keg for abuse and corruption. Providing recreational opportunities for the community should continue to be the focus, not competing with area businesses.

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Lu Weber

4:52 pm on Friday, July 22, 2011

I think a hotel near Arrowhead would be great. But I also think that it should be on privately purchased land, privately own and privately operated. Does the PD really have that much unused land at Arrowhead? Sell it to the highest bidder! I'm sure if a hotel is a good idea for that location, there will be other interested parties.

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Brent Coulter

5:00 pm on Friday, July 22, 2011

Once again the Park District has initiated an action with little or no public notification or involvement. Have independent market studies been undertaken for this hotel concept? Has anyone noticed the high percentage of empty parking spaces at new hotel/suites in the nearby Canterra development? Exactly what are the terms of the agreement for construction and on-going maintenance and operation of such a faciltiy and what is the expected fiscal impact to the taxpayers within the District?

Brent

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