By this point in 2019, visitors to Kutztown University and the surrounding community should have a new hotel option about a ½ mile from the campus.
That’s because a 100-room Hampton Inn & Suites is planned for the current site of the Campus Inn in Maxatawny Township, the Kutztown University Foundation announced Thursday. After demolishing the Campus Inn, developers plan to break ground on the four-story, $13 million project next spring, with a grand opening slated for spring 2019.
Edward Richmond, chief financial officer of the Kutztown University Foundation, said the project is being funded by the foundation’s investment in two subsidiaries — Golden Bear Ventures Inc. and Ursus Auresu Inc. — that will lead the hotel venture.
Golden Bear Ventures, he noted, closed on the acquisition of the Campus Inn property from Saraswati Inc. on Wednesday. Richmond declined to disclose the purchase price.
“We are thrilled to bring a quality, nationally-branded hotel to the Kutztown area,” Scott Dorn, chairman and president of Ursus Aureus and Golden Bear Ventures, said in a news release. “We have an outstanding development team of multi-disciplined specialists assembled. This will ensure the success of the project from the very beginning.”
Richmond said the group has not yet set a date for the Campus Inn demolition, but they are working to develop a timeline within the next two weeks.
The hotel, which will include an indoor pool, fitness room, two small conference rooms and will offer a continental breakfast, will be managed by TKo Hospitality Management of Delaware. KCBA Architects of Hatfield will serve as the project’s architects.
The foundation said the Hampton Inn & Suites, which is a Hilton brand, will be the first nationally-branded hotel in the immediate Kutztown area.
“We expect the new hotel to attract visitors to the university, the Kutztown Folk Festival, Kutztown Fair and local businesses and the many attractions in the East Penn Valley,” Dorn said. “While the hotel will be customized to fall in line with the superior Hilton/Hampton Inn & Suites model, we will add a local flare to the property.”