On June 12, Continental commenced construction in Tallahassee, FL for a 128 room Springhill Suites by Marriott. The Springhill Suites brand is the upper, moderate tier, largest "all-suites" brand according to Marriott. It consistently ranks among the top Marriott brands in guest satisfaction and has won numerous JD Power awards for service.
Newnan, Georgia has been put on the map for several different reasons; one being the birthplace of 6-time CMA award winning artist, Alan Jackson. Now, Newnan is being put on the map yet again by Continental’s Springs Team 1, the the development of Springs at Newnan.
We are pleased to announce that Springs at Bee Ridge is now stabilized.
Opening new doors in Florida is not unusual for Continental Properties and Springs Apartments. The first move-ins for one of our communities marks the culmination of sometimes years of work for our Development, Finance, Legal and Construction teams, and as such, we all feel a great sense of satisfaction. Our Property Management teams also put in long hours, not only working leads, but also working closely with Construction, ordering initial office supplies, setting up Clubhouse furniture, and even ordering golf carts and leaf blowers.
On October 10 Continental acquired approximately 4 acres of land in Eagan, Minnesota from United Properties for a 127 room Residence Inn by Marriott. Construction started on the site the next day. Our new hotel will be adjacent to the recently completed 450,000 square foot Central Park Commons which is anchored by Hy-Vee and also includes Hobby Lobby, Total Wine and More and Sierra Trading Post.
On September 11, Continental officially completed our obligations to Mariano’s by submitting the Substantial Completion notice for a new Bannockburn, IL location. On October 10, 2017, Mariano’s officially opened for business.
We are pleased to announce that Springs at Six Mile Cypress is now stabilized.