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<br />ZOA No. 05-03, CUP No. 05-28, <br />VA No. 05-62 and SPR No. 05-05 <br />November 28, 2005 <br />Page 2 <br /> <br />Property Description <br /> <br />The project site lS 3.2 acres and is located in the City's hotel <br />district, referred to as Hotel Terrace. The zoning of the property is <br />Specific Development No. 12 (SD-12), which governs about 22 acres of <br />land, currently developed with hotel uses. The General Plan designation <br />for the area is General Commercial (GC) (Exhibits 1 and 2) . <br /> <br />The site is currently occupied by Woolley's Petite Suites Hotel which <br />was constructed in 1987 and consists of 183 rooms on three levels, with <br />approximately 78,546 square feet. There are 214 parking spaces <br />available on the project site; however, 24 of these spaces are shared <br />with the adjacent Embassy Suites Hotel property to the south. <br /> <br />Surrounding land uses include the Quality Suites Hotel to the north, the <br />Holiday Inn Hotel to the east, the Embassy Suites Hotel to the south and <br />the Hampton Inn and Best Western Hotels across Hotel Terrace Drive to <br />the west. The site is accessible from Hotel Terrace Drive via Grand <br />Avenue or Dyer Road. <br /> <br />Project Description <br /> <br />Extended Stay America (ESA) is a privately held company that owns and <br />operates over 670 locations nationwide. The company owns all of its <br />properties and does not franchise any of its hotel locations. Hotel stays <br />are primarily geared towards business travelers who are in the area for <br />job training, on temporary job assignments or who have recently been <br />transferred. According to ESA, 50 percent of its clientele stay for one <br />month or more, while 80 percent of client stays are for over two weeks. <br />Room rates vary from location to location but generally average around <br />$99.00 per night. <br /> <br />The project will convert the existing Woolley's Petite Suites Hotel into a <br />long-term stay business hotel for Extended Stay America. No new square <br />footage will be added to the building. All improvements will be to the <br />interior of the structure with the exception of new accent stone that will <br />be added to the base of the porte-cochere and columns on the front <br />elevation wrapping partially around each side of the building. One new <br />guest room will be added to the interior of the hotel bringing the total <br />room count to 184 rooms. The typical room size will be 384 square feet <br />with each room having its own kitchen. Each kitchen will have its own <br />sink with disposal, full size refrigerator, microwave, stovetop, toaster <br /> <br />75A-4 <br />