2 of 5 Corporex Hotels Are Under Way in Utica Shale Region
From the Cincinnati Business Courier:
Corporex started on a 99-room Fairfield Inn, located adjacent to a major travel corridor in south Canton on Interstate 77 and Faircrest Avenue, about a month ago. This $13 million project was financed with a construction loan from WesBanco. This site is being prepared for another hotel in the future.
The second hotel underway is a 100-roomCandlewood Suites in Carrollton, located in the heart of exploration activity. Construction started on this $13.3 million hotel in early November, with financing provided by Tri-State Capital Bank.
The two hotels are expected to take 12 months to build and will be open by this time next year.