Topsham Care Center big boost for town

When the Maine Real Estate & Development Association (MEREDA) presented an award to Bateman Partners for a redevelopment project in Topsham, Maine, it called the work “exemplary,” describing it as the embodiment of their belief in responsible real estate development that champions best practices and contributes to Maine’s economic growth. Criteria for winning the award included environmental sustainability, economic impact, energy efficiency, social impact, uniqueness, difficulty of development and job creation.

CLICK HERE if you’d like to read about $16.5 million, 47,000 sq. ft. project, and access a “virtual tour” of the brand new facility.

Nathan Bateman, seated and center, accepts a MEREDA award for Bateman Partners’ work on the Topsham Care Center.

A podcast about development in Portland, Maine

Greg Boulos

Greg Boulos recently invited the president of Bateman Partners to participate in a far-ranging discussion about commercial real estate development in Portland, Maine. You can CLICK HERE to access the podcast.

Greg Boulos joined The Boulos Company in 1983. He is a Senior Partner and involved in the sale and leasing of commercial property in the Greater Portland area. He is also a co-developer of over 1M square feet of commercial real estate. Greg has consistent commercial real estate brokerage sales and leasing transactions in excess of $50M per year. His area of specialization is the brokerage of investment properties and tenant representation.

Bateman Partners welcomes first Cambria Hotel to Maine

(Portland, Maine --- Aug. 27, 2019) – Bateman Partners, LLC, participated in a groundbreaking ceremony yesterday in Portland, along with Choice Hotels International, Inc. (NYSE: CHH) and Koucar Management, to celebrate construction of the state’s first Cambria Hotel.

“(This project is) producing sorely-need tax revenue for schools and municipal services.”

— David Bateman, President, Bateman Partners

The hotel will feature upscale amenities that appeal to the needs of modern travelers, including:

• Indoor-outdoor rooftop bar concept

• Craft beer selection provided by Shipyard Brewing Co., located next door

• Dining options featuring locally sourced, freshly made food, local craft beer on tap, wine and hand-crafted cocktails

• Environmentally conscious “green roof”, with rooftop plants and green spaces

• Immersive, spa-style bathrooms with Bluetooth mirrors

• Contemporary and sophisticated guestrooms, complete with modern fixtures, abundant lighting, and plush bedding

• Covered parking to battle Maine winters

• 2,000 square feet of flexible meeting and event space

• Outdoor multi-use courtyard

• State-of-the-art fitness center

“This project, as well as nearby projects for Covetrus and WEX, are creating really good jobs in the city of Portland,” said David Bateman, president of Bateman Partners. “It’s also producing sorely-need tax revenue for schools and municipal services.”

“We’re thrilled that Portland — the quintessential New England town — is one step closer to opening a new Cambria hotel,” said Janis Cannon, senior vice president, upscale brands, Choice Hotels.

For a report by WGME-TV on yesterday’s groundbreaking ceremony, CLICK HERE. The Cambria Hotel Portland will be located at 25 Hancock Street, on the highly sought-after “Peninsula” of Portland, where it will join the historic seacoast town’s vibrant business community. The hotel’s upscale accommodations will be adjacent to the headquarters of publicly traded corporations such as Covetrus and WEX Inc., and provide convenient access to major area employers, such as Maine Medical Center and Mercy Hospital. 

There are currently more than 40 Cambria hotels open across the U.S. in popular cities, including Chicago; Dallas; Los Angeles; Nashville, Tenn.; New York; New Orleans; Phoenix; and Washington D.C. 

About Cambria Hotels

The Cambria® Hotels brand is designed for the modern traveler, offering guests a distinct experience with simple, guilt-free indulgences allowing them to treat themselves while on the road. Properties feature compelling design inspired by the location, spacious and comfortable rooms, flexible meeting space, and local freshly prepared food and craft beer. Cambria Hotels is rapidly expanding in major U.S. cities, with hotels open in Chicago, New York City, Pittsburgh, Washington, D.C., and Los Angeles. There are more than 40 Cambria properties open across the United States, and over 100 hotels open or in the pipeline in the U.S. and Canada. To learn more, visit www.choicehotels.com/cambria. 

The Cambria Hotel on Hancock Street in Portland, ME will open in 2021.

Cambria Hotels' first Maine location will be Shipyard's 'brewtel'

BY STAFF (Click HERE for direct link to Mainebiz article.)

Choice Hotels International Inc. (NYSE: CHH) has inked an agreement with Koucar Management to develop a new Cambria hotel in Portland that's slated to open in 2021.

It will be a beer-themed "brewtel" involving Shipyard Brewing Co. and will be Cambria's first hotel in Maine.

Located at 86 Newbury St., on the booming East End of Portland, the 102-room hotel is part of a package of four Cambria hotels in strategic markets that Koucar will deliver in the next year or two, according to a news release.

"Cambria's unique value proposition and overall performance is leading more and more developers to commit to multiple projects, further accelerating the brand's growth in prime locations across the United States," said Mark Shalala, vice president of franchise development and upscale brands for Choice Hotels.

It will be adjacent to the new headquarters for Covetrus (NASDAQ: CVET) and a block from the new headquarters of WEX Inc. (NYSE: WEX). It is also in a key market for leisure travelers, near the Old Port. 

Shalala said Portland is "one of the top revenue-per-available-room markets in the country, thanks in part to record tourism."

Based in Michigan, Koucar Management is one of the largest private real estate developers in the Midwest and has over 25 years of experience in commercial, residential, and hotel development and management.

There are more than 40 Cambria Hotels across the U.S. in cities like Chicago, Los Angeles, New York, New Orleans and Washington D.C. Cambria Hotels will be entering more markets this year, including Boston, Houston and, in California, Anaheim and the Napa Valley.

COURTESY / CHOICE HOTELS INTERNATIONAL INC.

A rendering of the planned Cambria Hotel in Portland, slated to open in 2021. It will be a beer-themed “brewtel” involving Shipyard Brewing Co.