Mainebiz

W W W. M A I N E B I Z . B I Z 17 M A R C H 1 8 , 2 0 1 9 Colby moves forward with downtown hotel W A T E R V I L L E — Colby College has named an architect as well as a management company for the hotel it plans for Main Street. e college said that Richmond, Va.-based Baskervill will design the 50-room hotel and Charlestowne Hotels, a hospitality management firm based in Charleston, S.C., will manage the hotel. Construction of the building on the south end of Main Street is expected to begin later this year, with an anticipated opening in 2020, the college said. e announcement comes after the college said a year ago it would develop the hotel itself after an agree- ment with Portland-based Olympia Cos. was terminated. "e intent from the beginning has been to partner with an opera- tor on the hotel and restaurant," Brian Clark, vice president of plan- ning, told Mainebiz. "Colby decided to self-develop the project and Charlestowne is providing input to that process as the operator to ensure the design meets our high expecta- tions for an exceptional guest experi- ence, is an inviting and welcom- ing place for the entire Waterville community, and that the hotel and restaurant are important contributors to Waterville's economy." Charlestowne Hotels will also operate the hotel's restaurant and bar, which will be designed and oper- ated with both hotel guests and area residents in mind, the release said. Charlestowne's portfolio includes a number of hotels situated near cam- puses, ranging from Clemson and the University of Alabama to Hamilton College and Smith College. Colby first announced plans for the hotel in early 2016 as major part of its now $100 million investment into the city's downtown. Small town feel | Big city results We've been offering timely, efficient, and quality legal services since Portland was a small town. Our modest size assures personal attention by experienced, savvy attorneys, which leads to favorable outcomes in a timely and cost-effective manner. As the town grew, so did our expertise. Let our 148 years of smarts solve your next legal issue. Portland | Biddeford perkinsthompson.com Perkins | Thompson 20251422 Perkins Thompson_3/8.indd 1 3/7/19 9:28 AM Charlestowne is providing input to the process as the operator to ensure the design meets our high expectations. — Brian Clark Colby College Portland, ME dunhamgroup.com 207.773.7100 Local Knowledge. Regional Focus. Global Reach. When we say we know the industrial market... ...we're not kidding. The Dunham Group industrial team has more than 85 years of combined experience focused exclusively in industrial real estate. Leading Greater Portland's market, we've sold or leased the majority of the area's industrial properties. Call us today to find the right space for your business. Maine's Industrial Experts for Over 40 Years

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