MUNSTER — The partnership of General Hotels Corp. and Simborg Development Inc. opened the $13 million Homewood Suites hotel on Calumet Avenue Thursday.
The 99-suite extended-stay and overnight inn with indoor pool is located on the same property as the Hampton Inn, which is also owned by the partnership.
“We liked the area,” said Jim Dora, president and chief operating officer of Indianapolis-based General Hotel Corp, which has a portfolio of more than 44 hotels in Indiana, Illinois and several other Midwestern states that provide more than 4,000 rooms.
“When the opportunity arose, we looked at various hotels in the area, and thought the area was under served,” Dora said. “The market is strong for hotels. We like the location, the proximity of people traveling to Chicago. The hospital (Community Hospital) is close by. It was the right area for expansion.”
The Homewood Suites hotel is just one mile south of the Borman Expressway (I-80/94) Munster exit along the town’s fast-developing Calumet Corridor. A Starbucks and Potbelly Sandwich Shop recently opened near the hotel and a new Centennial Village development is planned for just one-half mile south of there.
Developers are billing Centennial Village as a “walkable lifestyle” mall that will also include a hotel. Developers say they plan to invest more than $30 million there.
The Homewood Suites hotel will have a significant economic impact on the area through a combination of the 30 jobs it is providing, the hotel sales tax it will generate, and the supplies it will buy, Dora said. There also is a “trickle down” economic effect from travelers coming into the area and buying fuel and food.
Indianapolis-based General Hotel Corp., is a hospitality management company that operates full service, select service and extended stay hotels. Brands include Crowne Plaza, Holiday Inn, Holiday Inn Express, Holiday Inn Express & Suites, Homewood Suites, Hampton Inn, Hampton Inn & Suites, BestWestern, Courtyard and SpringHill Suites.