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NEWARK, DE-Options for hospitable long-term stay accommodations have just increased with the recent groundbreaking for a new Homewood Suites hotel property on College Ave. Hotel developer and owner the Buccini/Pollin Group has decided to erect the $7.5 million structure adjacent to its four-year-old, 155-room Embassy Suites Newark property. The two hotels will share a parking lot, as well as other amenities such as the TGI Friday restaurant attached to the Embassy Suites and its 10,000 sf of meeting space.

“We have been very successful with our Embassy Suites and there’s a long-term stay need with the University of Delaware nearby,” Buccini/Pollin associate Karl Wagner tells GlobeSt.com. “We are directly across from the school’s football field and other athletic facilities. There are about 20,000 students at the school and there’s a demand for hotel space just from the sporting events alone.” Upon completion, the six-story Homewood Suites will feature a business center, fitness center, indoor pool and outdoor barbecue area. The hotel will also benefit from an area that is surrounded by businesses such as fluoropolymer product developer WL Gore & Associates Inc. and Dupont Corp.

Buccini/Pollin affiliate PM Hospitality Strategies manages the Embassy Suites and will take on management duties for Homewood Suites, as well. “This is our first Homewood Suites and a strong complement to our other Hilton product, the Embassy Suites Newark,” Buccini/Pollin president Dave Pollin says in a statement. “We plan to take advantage of obvious synergies in purchasing and cross-marketing and a shared management team.”

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