HomeMy WebLinkAbout4.2a Hotel Study Memo
TO: Economic Development Authority
Jennifer Levitt, EDA Executive Director
FROM: Gretchen Larson, Economic Development Director
DATE: December 9, 2022
RE: Hotel Market Study Final Report
Background
The Team at HVS has provided city staff with a final report for the Hotel Market Study which
was authorized by the board at their August 9 meeting.
The executive summary includes a recommendation that the US-10/US-61 corridor at 80th
Street should be the primary area of focus for development of a hotel because of the favorable
visibility, easy access, and proximity to area businesses and retail establishments.
The report also indicates that as the city continues to grow and add jobs, new homes, and
retailers, that The Shoppes at Cottage View and Jamaica Avenue areas would also be good
locations for future hotels.
Tanya Pierson, with HVS, will attend the meeting to provide an overview of the findings and
answer questions regarding recommendations in the report.
Recommendation
Receive and approve the report as presented.
Attachment
HVS Hotel Market Study – Final