JVI – Sarasota Embassy Suites Hotel – Florida - Project Profile
"JVI – Sarasota Embassy Suites Hotel – Florida - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Jebco Ventures Inc. (JVI) is undertaking the construction of a hotel in Sarasota, Florida, the US.
The project involves the construction of an 18-story hotel comprising 180 rooms. It includes the construction of a 743.2m2 ballroom, a restaurant, a swimming pool, 200 parking spaces and related facilities.
Hilton Worldwide will manage and operate the hotel under its Embassy Suites Hotels brand.
In 2012, JVI submitted the project proposals to City of Sarasota. In November 2013, JVI purchased the project site from GCAG Whitehall LLC.
In the first quarter of 2015, JVI submitted a building permit and site plan review for the project.
Innisfree Hotels, Inc has been appointed as associated developer for the project.
Kellogg and Kimsey inc were appointed as construction contractor.
Demolition works have been completed.
Construction works are underway on the project and expected to be completed by 2018.
The project involves the construction of a 18-story hotel comprising 180 rooms in Sarasota, Florida, the US.
The US$40 million project includes the following:
1. Construction of a 743.2m2 ballroom space
2. Construction of a restaurant
3. Construction of a swimming pool
4. Construction of 200 parking spaces
5. Construction of related facilitiesReasons To Buy