Suite spot

“It’s
not in Downtown, but it can certainly service the Downtown area,” he
says. “The health sciences center is an area that has been tremendously
underserved by hotels.”

The
Embassy Suites was proposed first in 2008 by the Midtown Renaissance
Group, which includes Bob Howard, Mickey Clagg and Chris Fleming.
Presented to and approved by the Oklahoma City Urban Renewal Authority —
which controls the land — it was put on hold due to the national
economic slump. Earlier this year, the plan was presented again to OCURA
commissioners by Fleming and Kevin Gallagher with Prism Hotels &
Resorts. It was approved, and construction began at the south end of the
health sciences center in August. It is set to open fall 2014.

Howard,
Clagg and Fleming teamed up with the Presbyterian Health Foundation and
The University Hospitals Authority and Trust to build the $25 million,
sixstory, 194-room hotel at 741 N. Phillips.

Dallas-based
Prism will manage the property. It will include 7,000 square feet of
meeting space and a Brickstone Restaurant & Bar.

“We’re
pleased to partner with the Presbyterian Health Foundation and the
University Hospitals Trust,” Howard says. “The convenient location of
our hotel can serve the needs of the patients, families, physicians and
visitors of the University of Oklahoma Health Sciences Center, Oklahoma state Capitol complex and the central business district.”

Embassy
Suites is a part of Hilton Worldwide. It will be the fourth Embassy
Suites in Oklahoma. Prism has more than 30 years of experience managing
hotels for independent hotels and all the major hotel brands. It is
currently responsible for more than 50 hotels. According to the company
website, it manages no other Oklahoma properties but is no stranger to
managing Hilton properties.

“Prism
Hotels & Resorts has a long history with Hilton, and we look
forward to adding Embassy Suites Oklahoma City to our existing
portfolio,” says Steve Van, president and CEO of Prism. “We are thrilled
with the partnership we have with the owners and look forward to being a
part of the local community with this exceptional hotel development.”

Carrier
says the Hilton brand will draw loyal customers, especially if other
Hilton properties Downtown are full. He says it will also serve those
doing business with nearby state agencies and at the state Capitol and
other businesses up and down Lincoln Boulevard.

“There’s a lot of business potential in that area,” he says.

Looking
ahead, Carrier says the Embassy Suites is a good start, and others will
begin to look at future hotel needs in that area now.

“Anytime
someone breaks new ground in an area, other developers are always
watching to see what happens,” he says. “If demand is high, you can bet
someone else will build.”

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