News & Press Releases

Chartwell Hospitality Announces Details for 1st and Main Project in Downtown Franklin

Chartwell Hospitality LLC, an integrated hotel operations and development company, announced today details of 1st and Main, a 40,000 square-foot mixed-use project located at the intersection of First Avenue South and Main Street in the historic district of downtown Franklin.

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Bank OZK Lends $71M on Sam Chang's JFK Hotel Duo

Sam Chang's McSam Hotel Group has nabbed $71 million in construction financing for the development of a Marriott Hotel and a Residence Inn at JFK International Airport in Queens, Commercial Observer has learned.

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Chartwell Hospitality Opens Full-Service Hotel

Chartwell Hospitality LLC announces the grand opening of the 244-guest-room Hilton Franklin Cool Springs, the area's first full-service hotel built in nearly a decade.  Hilton Franklin Cool Springs is located in Franklin's Meridian Cool Springs Business District, a 60-acre mixed-use development featuring an abundance of office space and pedestrian-friendly retail and restaurant offering.

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The Boss: Rob Schaedle takes no bull in business, on the farm, or reading a book

Rob Schaedle is expanding a hotel empire that you probably didn’t know existed. After stints in banking and developing apartments, Schaedle dove into hotels 15 years ago. Today his company has 54 hotels in 19 states, generating $315 million in bookings each year.

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Broadwest Breaks Ground this Fall

Huntsville, AL based Propst Development, LLC has unveiled its plans for Broadwest, a mixed-use development located in downtown Nashville, Tenn., designed by architecture and design firm Cooper Carry. 

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Exclusive: Developer kickstarts nearly $500M project in Midtown, on a familiar site

A newcomer developer from Alabama will begin construction in a matter of weeks on a two-tower project in Midtown that will cost nearly half-a-billion dollars and feature Nashville's fourth-largest office tower.

The scope of the $490 million Broadwest development, revealed first in the Nashville Business Journal, reflects the ambition of Huntsville's Propst family to create a signature landmark and the urgency they have to do so as soon as possible. While the spotlight has shined brightest on downtown in Nashville's bonanza of construction, Broadwest is poised to intensify investor interest in Midtown by revitalizing a site that has long awaited development.

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Joint Venture Breaks Ground on Hampton Inn & Suites Capitol View in Nashville’s Urban District

FRANKLIN, Tenn. – June 11, 2018 – Chartwell Hospitality LLC, an integrated hotel operations and development company, and Rockbridge, an investment firm that has been building and investing in brands for nearly 20 years, announced the recent groundbreaking of the 169-room Hampton Inn & Suites Capitol View, located in downtown Nashville’s walkable, dynamic, North Gulch urban district.

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New development coming to Cool Springs near Nissan HQ

Two Franklin-based developers closed Monday a $20 million deal to buy 22 acres near Nissan's U.S. headquarters in the Cool Springs section of Franklin.

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Franklin developers amass huge, prime site in $20M deal with Vanderbilt

A pair of Franklin developers jointly bought land on May 4 that creates a massive development site in Greater Nashville's suburban corporate headquarters hub.

SouthStar and Chartwell Hospitality paid $20 million to buy a 22-acre site from Vanderbilt University Medical Center, at the southwest corner of McEwen Drive and Carothers Parkway. The companies announced their purchase first to the Nashville Business Journal.

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Chartwell Hospitality grows in higher-barrier-to-entry markets

FRANKLIN, TN—After 15 years in business, Chartwell Hospitality has changed and evolved quite a bit. Originally, the hotel acquisition, development and management company had a portfolio of five small hotels in tertiary markets. But now, with 37 hotels across 12 states, it’s got its eye on dual-branded and full-service hotels in higher-barrier-to-entry markets.

Noting that this has been the strategy for the past five years, COO Kevin Green said, “We did a lot of tertiary markets—and there’s nothing wrong with those markets; they’re great to be in—but the truth is a lot of people like doing those markets, so we’ve evolved into high-barrier-to-entry markets.” He added that the company will do deals in tertiary markets if it’s the right deal.

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