IRVING, TX—La Quinta Inns & Suites has revealed that StonePark Capital—whose principal, Andrew Firestone is great-grandson of tire pioneer Harvey Firestone—broke ground on a 104-room La Quinta Inn & Suites in Morgan Hill, CA.
StonePark is one of the many partners who have committed to building La Quinta’s Del Sol prototype, which has been designed to maximize revenue per sq. ft. while maintaining a competitive cost per key, according to the company.
The announcement comes after a groundbreaking ceremony held this summer, which was attended by Steve Tate, mayor of Morgan Hill; John Horner, president and CEO of the Morgan Hill Chamber of Commerce; and executives from La Quinta Inns & Suites. Morgan Hill is located in the southernmost portion of Silicon Valley and serves as a regional headquarters for high-tech companies including Anritsu, Comcast and Flextronics. The hotel will be a short distance from Henry W. Coe State Park and Sycamore Creek Vineyards, among other attractions.
Amenities include updated guestrooms, onsite business and fitness center and an indoor pool. Complimentary Bright Side Breakfast will be served each morning and high-speed Internet access is free at all La Quinta hotels.
“We are proud to acknowledge the ground breaking of the new La Quinta Inn & Suites in Morgan Hill and appreciate StonePark’s growing partnership with La Quinta,” said Rajiv Trivedi, chief development officer at La Quinta. “With more than 875 locations, La Quinta delivers an outstanding product and guest experience. I am personally grateful to Andrew Firestone and StonePark for their deepening commitment to the La Quinta brand.”
StonePark also owns the La Quinta Inn & Suites Santa Barbara, a 70-room property on State St. the downtown corridor of Santa Barbara, CA. Purchased in 2012, StonePark oversaw a $4.5-million renovation of all guestrooms and common areas and opened the hotel as a La Quinta in 2013.
“We are excited to launch our project in Morgan Hill,” said Firestone. “Surrounded by leaders of the community and supported by the finest franchising partner in the industry, we look forward to the completion of the La Quinta Inn & Suites—Morgan Hill and offering our guests an unparalleled hospitality experience in Northern California.”