With construction starting on two new hotels and four more planned, Bricktown's room count is about to climb to more than 1,200.
Jonathan Pitman, a partner in Sheridan Lodging Associates, sees the entertainment district rapidly approaching a point when it becomes one of the city's leading hotel corridors competing with Meridian Avenue, Memorial Road and Northwest Expressway.
“With the demand you see at the Hampton Inn and the Residence Inn (two hotels currently operating in Bricktown), you see two of the busiest hotels in the state running 85 to 90 percent occupancy,” Pitman said. “That tells you there is a big demand to stay in Bricktown.”
Pitman and his father, Marsh Pitman, admit their own success in developing the Hampton Inn likely is inspiring the sudden rush to expand the market. They built the hotel with Madison, Wi.-based Raymond Management in 2008 at a cost of $25 million, and it sold two years later, in the depth of the Great Recession, for $32 million.
Their newest venture, a joint hotel tower to be occupied by a Hilton Garden Inn and Homewood Suites, will feature a full-service restaurant and bar, and at 11 stories will be the tallest addition to Bricktown. Taking cues from lessons learned at the Hampton Inn, the new hotel also will boast 10,000 square feet of meeting and conference space with catering to accommodate weddings.
Construction, meanwhile, is well under way on an $18 million Aloft Hotel at Walnut Avenue and NE 2 on a hill overlooking Bricktown.
Also, Dr. Atul Patel recently bought vacant land at NE 1 and Russell Perry Avenue and at Byers and Sheridan avenues, where he will build three hotels with a room count topping 350 for all combined.
Patel said design work is already under way for a Marriott Springhill Suites for NE 1 and Russell Perry, a hotel that will be six to eight stories high with a room count of between 120 to 145.
“It will be pretty nice — it will have a lounge and bar area, conference rooms, fitness center, a pool; it won't be a typical Springhill Suites,” Patel said.