Construction crews will break ground this summer on a new 75-room, three-story Fairfield Inn and Suites hotel on Main Street in Hailey.
A five-unit townhome development also proposed for the site will be under design review next month.
The city gave the hotel a greenlight last year. It will be built on property previously used by Goode Motors between the former King’s Variety Store building and the Bigwood 4 Cinemas. The site is located on Main Street across from Natural Grocers.
“We are excited to be a part of the community,” said developer and hotel co-owner David Adams. “The city has been welcoming and good to work with.”
The city approved the three-story, 41,836-square-foot hotel in 2017. It will feature an indoor pool, fitness room, breakfast dining room and a 400-square-foot meeting room.
Fairfield Inn by Marriott is a lower-cost chain of hotels franchised by Marriott International. The Hailey location is being developed by Hailey FF, LLC.
Community Development Director Lisa Horowitz said the hotel will take about 18 months to build at a cost of up to approximately $13 million.
Adams is chief development officer at InnTrusted, a hospitality company based in Idaho Falls. He said it owns and operates 14 hotels in Idaho.
Adams said some owners of Goode Motors still own the property and will be part owners of the new hotel. He said they first contacted Marriott and then reached out to InnTrusted to move the project further.
Adams said people from Blaine County are also invested in the hotel, but he chose not to name them.
“We are still raising some of the money,” Adams said. “There may be additional investors who may participate in building costs.”
Five residential three-story townhomes that the developer plans for River Street behind the hotel will be reviewed by the Hailey Planning and Zoning Commission at 5:30 p.m., Monday, Aug. 5, at City Hall. Each unit has two-car covered parking on the ground floor.
Project architect Errin Bliss said it has been “a long road” to the point where the development team is ready to begin construction.
“It will be good to see something on that lot other than used cars,” Bliss said.
The Hailey Urban Renewal Agency in April approved a plan to reimburse developers of the hotel for up to $369,623 of expected costs to build required sidewalks, curbs, utility lines and other improvements on city rights of way around the property.
“We are very excited for our first major URA project,” URA Commission Chairman Larry Schwartz said.