Ground Breaking for Hotel Madison in Downtown Harrisonburg


Ground Breaking for Hotel Madison in Downtown Harrisonburg
By Scott Rogers • October 27, 2016
The forthcoming hotel and conference center being built on the edge of the JMU campus, held its ceremonial groundbreaking yesterday. The project is due to be complete by March 2018. Read more in today's Daily News Record article, or read on for some highlights.... The hotel will contained 230 rooms. The conference center will offer 21,000 - 2,000 square feet of meeting space. The developer is a JMU graduate, Paul Gladd with dpM Partners of Gaithersburg, MD. The hotel will feature 180 traditional rooms, 50 extended-stay rooms, a farm-to-table restaurant, a coffee bar and wine bar. The developer is paying $35M to build the hotel, while the JMU Foundation is loaning $11M to the Harrisonburg Industrial Development Authority to cover the cost of the conference center construction. The JMU Foundation will be repaid with tax revenues generated by the facility. There are quite a few more interesting details in today's Daily News Record article. Receive Updates by Email Recent Articles: There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell Consider The Cost Of Your Planned Renovations When Planning Your Offer
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 22, 2024 (unless otherwise noted).
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