Staybridge Suites by IHG Development Project Waco, TX
Staybridge Suites by IHG Development Opportunity in Woodway, TX
Investment highlights
Development Site and Franchise Rights
This offering presents the opportunity to acquire the pad-ready development site, fully completed building plans, and a secured InterContinental Hotels Group (IHG) franchise agreement for the development of a Staybridge Suites hotel.
IHG Upscale Extended-Stay Brand
Staybridge Suites by IHG hotels provide evening receptions, a 24/7 pantry, and home-like amenities, which are popular with guests. The brand benefits from IHG One Rewards’ 100M+ member base and commands ADR premiums over midscale, extended-stay competitors.
Exceptional Downtown Waco Location
The site is situated near Baylor University and within walking distance of the Magnolia Market/Silos tourism district, proximate to the Interstate 35 corridor.
Strong Multi-Segment Demand Base
Major demand drivers include Baylor University, Baylor Scott & White Medical Center, L3Harris Technologies, and SpaceX's McGregor manufacturing facility. Downtown revitalization investment further supports extended-stay demand growth.
Key Leisure Attractions
The property is proximate to local attractions and walking distance from Magnolia Market at the Silos, the Baylor Sports Complex, and the Downtown Warehouse District.
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