Project Info
In July 2009, Pennbridge initiated the development of the 100-room TownePlace Suites by Marriott, perfectly situated directly off the I-15 freeway. This location is not only adjacent to Utah Valley University but also in close proximity to leading corporations such as Vivint, Symantec, Deloitte, Qualtrics, Convergys, and Jive Communications, strategically positioning it as a central hub for both academic and professional guests.
The construction, supported by financing from US Bank and with Wadman as the general contractor, led to the hotel’s launch in June 2010. Within a year of its inauguration, the TownePlace Suites earned the distinguished “Hotel Opening of the Year” award from Marriott for 2010, a testament to its outstanding performance and commitment to excellence.
Pennbridge Lodging managed the day-to-day operations of the hotel, maintaining its high service standards and popularity among guests until it was sold in December of 2023. This property not only met the immediate accommodation needs of the area but also stood as a showcase of Pennbridge’s capacity to deliver top-tier hospitality solutions.
Project Details
- 100 Rooms
- Orem, Utah
- Developed - July 2009
- Sold - December 2023
