HI-Express | 40 N Martingale Rd. | Schaumburg, Illinois c
  • Summary
  • Operator
  • Location
  • Biz Plan
  • Video
  • FAQ'S

Summary


Equityroots Holdings I, LLC, an Illinois Limited Liability Company

Phase I: New construction 95 room select service Holiday Inn. Hotel will offer conference space, a lobby bar, and bistro.

Phase II: New construction 87 room select service Holiday Inn Express. This hotel will be developed using IHG's latest prototype, Formula Blue.

 

The proposed 4-story structure for the Holiday Inn Express will have it's own front entrance and lobby while maintaining interconnectivity with it's bigger brother Holiday Inn. Both hotels are designed to complement each other while sharing common amenities.. The overall site design offers more than one acre of green space while maintaining a high density building design focused on energy efficiency.  Allowing a centralized management team to operate both brands allows for higher operating efficiency and a better guest experience. The concept of allowing two similar use properties to share in the development and use of common amenities like swimming pools, fitness centers, and outdoor courtyards allows for larger scaled amenities and a better guest experience. The design integration allows guest from this HI-Express to access the bistro within the Holiday Inn.

 

In addition to dual-branding, and being backed by IHG’s central reservation system, it’s important to note that the proposed development is located in a corporate business district, and just down the road from Woodfield Mall and Streets of Woodfield. Being located in the north-west suburban market and surrounded by 27 million square feet of office space allows for convenient use of meeting rooms and corporate lodging.  Leisure travelers to Woodfield Mall can easily identify overnight accommodations from I-290/355/53.  Furthermore, this development is also designed to support more sports families that choose to play on Olympic Park's state of the art 72-acre synthetic turf soccer fields.  In conclusion, there are demand drivers and amenities for corporate & leisure travelers every day of the week on this site.

 

The northwest suburban Chicago market in general is a hub for commerce, home to many corporate headquarters, and attracting major tradeshows and weddings within its boundaries. The market continues to grow as evidenced by new development activity across all sectors; retail, restaurant, hospitality, and roadway infrastructure. This project is aimed at capturing and upgrading the quality of IHG's transient travel segment in the NW suburban Chicagoland market.

Sponsored By:


Equityroots Holding I, LLC

Sponsor:

Equityroots.com organized this hotel development with the assistance of Intercontinental Hotel GroupMackie Consultants, and Luna Architecture + Design.  IHG designated this project as a replacement asset for an existing 230-room Holidome.

 

Operator:

An experienced 3rd party management company with a winning track record of customer service and accountability will be selected to operate the day to day operations of this property.  There are a number of reputable national management companies that have expressed an interest to manage this property.

 

Thanks to: Hines, IHG, CBRE, CGMT, Mackie Consultants, KLOA, Satkar Group, Luna Architecture, HA&A.

Personal thanks to: Mark Smith, Jim Walsh, Peter Greene, Shawn Siemers, Sharad Dani, Marty Burke, Anthony Martini, Michael Werthmann, Robert Luna, Ginger Johnson, Christina Velasquez, Modi Family, Hans Detlefesen, Pratik Patel, Dan Shapiro, Brian Close, David Lavan, Jesse Blair, and of course big THANK YOU to every single investor participant.

 
Location


Business Plan


Videos

FAQ'S



Expected Performance

LOCATION Schaumburg, IL
ASSET CLASS Limited Service Hotel
EQUITY MULTIPLES 2.5X
LEVERAGED IRR 26.8%
ADR $104.00
OCCUPANCY 75%
HOLD 5 year
STRATEGY 5 Year Hold and Disposition
MIN INVESTMENT $15,000.00
INVESTMENT TYPE Equity Interest

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