Date: October 2018
Location: Sunnyvale, California, USA
Name: M Social – opening 1st qtr. 2021
No. of Keys: 250 residences and a 263-room hotel
Seller: The project, which has worked it’s way through Sunnyvale’s approval process since 2015, comes nearly a decade after Millennium first proposed a hotel-and-condo development on the site it has long owned, located at 1250 Lakeside Drive, looking out onto a small man-made lake.
Buyer: Millennium Hotels and Resorts, the brand umbrella of global hospitality management and real estate group Millennium & Copthorne Hotels—broke ground on the M Social in Sunnyvale, California.
The original plan was to build the rooms in Poland and then stack them on a single container ship bound for the Port of Oakland.
From there, they would be trucked to a vacant lot in Sunnyvale, where they will be unloaded one by one and assembled on-site into Northern California’s first Millennium Hotel, and it would all go up in about 12 weeks!
A similar prefab strategy will result in a 250-unit residential complex next door, but instead of a sea voyage, the apartments will take a six-day train trip from a factory in Idaho.
“We are not only challenging ourselves to build a new, different kind of hotel,” said Aloysius Lee, group chief executive officer for Millennium Hotels and Resorts, the London-based company behind the project, said at the time.
“It’s very unusual to hear about this in California,” said Alan X. Reay, president of Atlas Hospitality Advisors, who was familiar with only one or two modular hotel projects in the state.
THPT Comment: Firstly…did they achieve the pre-fab build? Information to follow…Secondly, Millennium & Copthorne is a real dichotomy…on the one hand they excel in this type of new hotel development, on the other they struggle to keep top level management.
First Seen: Hotel Management