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Article published Jan 8, 2008
Goodwill to sell land for hotel off Harmony
BY PAT FERRIER
PatFerrier@coloradoan.com
Goodwill Industries of Denver is selling part of its 7 acres in south Fort Collins for an extended stay hotel.
Goodwill is selling 3.19 acres to Realtors Dave Pettigrew and Bill Albrecht of Fort Collins in a $1.17 million deal.
The land, on the northwest corner of Pavilion Lane and JFK Parkway off Harmony Road is part of the site
purchased for the Goodwill store that opened in August.
The agency didn't need the entire property, said Ric Berninzoni, Goodwill's vice president of retail operations. "It
was always our intent to sell off part of the land," Berninzoni said. "We couldn't use the whole 7 acres."
Selling 3.2 acres to Pettigrew will help offset some of Goodwill's costs for the $2 million building.
Pettigrew said Candlewood Suites plans to build a three-story, 84-room hotel on the site.
The average length of stay for extended hotel stays, Pettigrew said, is eight days..
The other three buildings could include a restaurant to complement the hotel and other stores compatible with
an extended stay hotel, including fitness center or spa services, he said.
The Fort Collins Planning and Zoning Board will hold a public hearing at 6 p.m. Jan. 17 in the council chambers,
City Hall West, 300 LaPorte Ave., on the proposed development.
For more on this story see Wednesday's Coloradoan
http://www.coloradoan.comlappslpbcs.dlllartikkel?Dato=20080108&Kategori=UPDATESO... 1 /8/2008