MINNEAPOLIS—Value Place, the extended-stayhotel chain, has spent all of 2014 expanding its brand throughout the US, opening bothcorporate-owned and franchise outlets. And it has now just enteredinto an agreement with Sauk Rapids, MN-based UnitedDevelopment Solutions for the immediate development ofthree new hotels in the Minneapolis metro area.
The firm will develop the properties in suburban Fridley,Burnsville, and Mendota Heights. Furthermore, UDS and Value Placealso agreed to explore the possibility of building six or sevenadditional properties in the market within the next 36months.
A typical Value Place location has about 124 rooms in afour-floor, 45,000-square-foot building on two acres that providesguests with a bedroom, a desk with an internet connection and afull kitchen.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
