In spite of the economic downturn, Anchorage is still growing. The University Lake Springhill Suites Marriott Hotel is nearing completion, with a grand opening expected in August. The Springhill Suites are located in Midtown. The hotel will not target the normal tourist trade, but will instead look to serve those visiting the UAA and APU campuses, as well those in town for medical reasons.
The Springhill Suites features 159 rooms, many of which overlook the nearby lake or park and many have a view of the Chugach Mountains. In addition to the view, the suites include a coffeemaker, a microwave and a refrigerator. Hotel amenities include a free continental breakfast, a fitness room, a swimming pool and shuttle service to the airport, university and medical district.
Anchorage has added several new new high-rise office buildings to its landscape. Office space is at a premium in Anchorage real estate, so the new additions are much appreciated by local businesses. The Centerpoint West (eight-stories) is scheduled to open later this year. Over half of the space is already leased. The 14-story Augustine Center is scheduled for completion in 2010.
Pauline Hofseth, Anchorage Real Estate
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It's great to hear of a strong economy, strong banks, growth, and the need for more good office space. May the rest of the country soon follow your lead!