Hampton Inn in Marina nears completion in Spring 2022 – Monterey Herald
MARINA – A new hotel under development is nearing completion in Marina, which will soon add more rooms for visitors, improve business and recreation, and provide more revenue for city services.
A Hampton Inn & Suites by Hilton takes root at 120 Reservation Road across from the Walmart Supercenter on Beach Road in Marina. The structure is on track for a spring 2022 completion date as construction on the approximately 60,000 square foot, four story, 50 foot tall building continues.
“More people will come to downtown Marina and experience our central park, also known as Locke Paddon Park, many of the ethnic restaurants, markets and other family-owned businesses in the city center,” said the mayor of the marina. , Bruce Delgado. âThe revenue from hotel taxes will help improve our parks, streets, public safety and recreation programs. “
When complete, the Hampton will offer 90 hotel units, 1,200 square feet of meeting space, a fitness room, guest laundry, sundries shop, indoor pool and a outdoor patio, on the project site of nearly two acres.
The Town of Marina expects the new Hampton Hotel to generate approximately $ 350,000 per year in transitional occupancy tax revenue. In fiscal year 2019-20, Marina’s transitional occupancy tax rate of 14%, the highest in Monterey County, generated $ 4,010,134 in revenue, according to state records.
Marina’s transitional occupancy tax was increased to 12% by voters in 2014, and reverted to citizens’ initiative in the November 2018 ballot and passed with around 68% approval. In comparison, the transitional occupancy tax in the cities of Monterey, Pacific Grove, and Seaside is 12%, in the cities of Carmel and Salinas it is 10%, and in the unincorporated Monterey County, the Transitional occupancy tax rate is 10.5%.
There are currently approximately 790 rooms available at 13 hotels operating throughout Marina Town.
Over the years, there have been several hotel proposals for the property where the Hampton is being built, and in mid-2014, the Site and Architectural Design Review Board adopted a resolution recommending that the Planning Commission approve the revised site plan, building elevations, landscaping and other aspects of a hotel project that would ultimately become the Hampton project.
Current owner Exdev announced that their grant deed was registered in Monterey County in December 2019 and said the company is very excited about this new Hilton Hampton Inn & Suites development as it is the only one Hilton brand hotel in town and located nearby. to the rest of the Monterey Peninsula and to attractions such as 17-mile Drive, Pebble Beach and the Monterey Bay Aquarium.
Exdev is a privately held commercial real estate development company specializing in mixed-use, hotel, industrial, commercial and office projects across the United States. It has a diversified portfolio and owns hotel franchises with Hilton, Marriott and International Hospitality Group.
Building permits were issued in November 2020 and construction began the following month.
The property of the Hampton Hotel is identified as “at the service of visitors” on the Land Use Map of the General Plan of the Town of Marina, where hotels, motels and associated conference and dining facilities and various stores serving the guests are permitted. The surrounding land uses include other accommodation options and a restaurant while providing pedestrian access to Marina State Beach, views of Monterey Bay and downtown Marina businesses, as well as access to vehicles at highway 1.
According to Hilton, the Hampton by Hilton brand has been welcoming the upper-middle segment of travelers for more than 35 years. There are now more than 2,740 Hamptons in 32 countries totaling nearly 300,000 rooms.