A new hotel is planned for just off Road 68 in Pasco.
My Place Economy Extended Stay wants to start construction on a new 64-unit hotel on Rodeo Drive near TRAC in late April and open in August or September, said Joe Dinger, the company's vice president of development.
My Place, a South Dakota-based chain, was formed in 2012 by Ron Rivett, who founded the Super 8 chain more than 40 years ago, Dinger said. It recently opened its sixth and seventh locations and has hotels in the Dakotas, Wyoming and Montana.
"Eastern Washington was the natural progression for the way we are going along I-90," he said.
The planned Pasco location is one of two Eastern Washington hotels My Place is planning, with another in Spokane, Dinger said. Whichever opens sooner would be the first in the Northwest.
"Pasco had everything that we were looking for in a market -- close amenities, high occupancy rates among other hotels," he said. "Everybody is excited about the Tri-Cities as a place to start."
The hotel is expected to cost between $4.5 million and $5 million to build, Dinger said. Room prices haven't been determined, but My Place typically charges between $75-80 a night at its existing hotels.
The area also has a need for more extended-stay lodging, which offers rooms with a kitchen as well as rates for people who are staying for a week or longer, Dinger said.
My Place is also expected to have a large guest laundry room and may have an area outside for grilling, he said.
Franklin County is still working on an agreement releasing the property from a stipulation in the title for the land, which the county sold in 2006 to Mohinder and Gurdish Sohal, Commissioner Rick Miller said.
The sale of the land, like other properties the county sold near TRAC that year, required that something be built on the site within five years, or risk going back to the county. The city of Pasco required the hotel to have clear title to the property before it would issue permits.
"I think we're close to that," Miller said.
The Holiday Inn Express next to TRAC had a 10-year exclusivity clause that prevented other hotels from being built on property the county currently and formerly owned near the event center. But Miller said that agreement expired in January.
Miller expects another hotel to come to the area soon, because of the expiration of the exclusivity clause, he said. GESA Stadium and numerous youth baseball and soccer fields are nearby, along with TRAC and a growing retail area.
"It's an excellent area for hotels," he said.
-- Geoff Folsom: 509-582-1543; firstname.lastname@example.org; Twitter: @GeoffFolsom