Parker is to get a Hampton Inn and Suites with dining and new retail, according to the plans for the Alewine property on Riverside Drive acquired by a hospitality property developer.
The plan for the property is in multiple phases, according to La Paz County Economic Development Corporation CEO Skip Becker and Parker Town Mayor Dan Beaver. Phase One is a 66-room Hampton Inn hotel by Hilton with dining. They say this phase will hire 20 permanent employees. The second phase will add retail to the property, with the potential of 30 to 50 more jobs. Further phases are still in the works. The total capital investment is projected to run between $10 – $15 million.
Becker and Beaver said the town and county will benefit from the permanent job positions created, the improvement to Riverside Drive and the many construction jobs that will be available while the project gets off the ground. They also cited future revenues from additional bed tax and sales tax.
The property sat dormant for years after the old furniture store on the corner closed, and was eventually demolished after a series of fires within the past couple of years. The purchase of the property by the Town of Parker was a move designed to allow them control of the sale to the right developer, which the Town Council feels they’ve accomplished with this development.
Economic Development board chair Roberta Hoffman said she is “thrilled” by “the selection of the Hampton Inn part of the Hilton hotel group. These people have been in the hotel business for a long time, and they don’t make many mistakes in the selection of the right hotel for the area.”
Becker added that there were serious talks with at least 4 different developers interested in the property. “We brought many ideas to the Town of Parker,” he said. He added that Parker holds a high interest for developers. “We solicited people through every avenue. … This process started in February of last year.”
Beaver said he is proud of the vision the council has had. “There’s so much work to do here in Parker,” he said, citing programs the Town would like to offer and other ways the Town would like to improve life for residents. “Without increasing our revenues those things become pretty hard. Today is a great day to live and work in the Town of Parker.”
While there is a target date for the project to begin, Becker said they would announce it when it is closer.
Watch the replay of the announcement on KLPZ 1380am here (on available devices):