124-unit hotel being built on site of former North Chestnut Street roadhouse
It will be the second Colorado Springs location for the national chain, which advertises itself as an “extended stay” hotel, encouraging overnight visitors as well as those who wish to pay by the week.
As such, the 124-room facility will add to an existing row of
In that area, Chestnut serves as a frontage road for I-25, with nearby freeway access at Fillmore Street.
The final drawings approved by city staff show a 45,000-square-foot building, four stories high, with two access drives from Chestnut. The hotel will be set near the street, with some parking in front and a large lot in back. Landscaping will include a line of trees and shrubs along Chestnut. A sign in front says the hotel will open this summer.
The development is limited to the 3-acre Value Place site. The 6.3-acre unused parcel that wraps around its north and west sides continues to be owned by Celebrity Golf - an out-of-town limited liability corporation (LLC) - and no redevelopment is known to be in the works. Before closing about 10 years ago, it housed Champions Golf & Games, which faced onto Vondelpark Drive, offering miniature golf, arcade games and a driving range.
A rambling, 10,000-square-foot, single-story roadhouse had been on the Value Place site for about 30 years before being demolished last summer. It had been home to several restaurants/nightclubs, with a 750-square-foot, Australian cypress hardwood floor that was reportedly popular with dancers. Howard's Pit Barbeque operated there for many years, and the tall, freeway-viewable sign for Legends Golf, the most recent tenant, was still standing as of Jan. 9.
The Value Place website features the motto: “Affordable. Clean. Safe. Simple.” All the rooms are three-room kitchenettes, with laundry and wi-fi available, and tenants are welcome to “stay for the night, week, or longer,” the website states.
The other Value Place in the Springs is off Powers Boulevard and Airport Road.
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