Hotel planned in Poulsbo’s College Marketplace

poulsbo-hotelProperty bordering Poulsbo’s Home Depot offers some of the best views in the city, with Liberty Bay and Mount Rainier visible on clear days.

The hilltop site would provide a dramatic setting for a hotel, which, it turns out, is just what a Seattle hospitality company has planned there.

Hotel Concepts is moving ahead with plans for a 110-room hotel on 5 acres in College Marketplace, according to representatives of real estate firm Marcus & Millichap.

Agent Brian Mayer said Hotel Concepts is in the process of selecting an architect and franchise for the project, and plans to move ahead rapidly with permitting. The Poulsbo site offers easy access to Highways 3 and 305, and is situated near to major retailers and an Olympic College branch:

Hotel Concepts isn’t new to Kitsap. The company operates both the Hampton Inn & Suites and Fairfield Inn & Suites in downtown Bremerton. Its full portfolio includes a dozen hotels in the Seattle area and a Holiday Inn Express in Kona, Hawaii.

Hotel Concepts recently purchased more than 60 acres in the College Marketplace master plan area. Land outside of the hotel site is being offered for sale by Marcus & Millichap. The available property includes a mix of parcels zoned for business park, commercial and residential use.

College Marketplace could once again be a hotbed for development in the near future. Housing Kitsap and Central Highland Homes have plans for a residential neighborhood on the hillside, while The YMCA is considering building a facility next to Olympic College.

Leave a Reply

Your email address will not be published. Required fields are marked *

Before you post, please complete the prompt below.

Enter the word yellow here: