First Staybridge Suites in Idaho starts construction in Coeur d’Alene

Structural work started in mid-June on a 96-room Staybridge Suites in Coeur d’Alene.

The $18 million, five-story extended-stay hotel will be part of a complex with the Regal Cinemas Riverstone 14-screen movie theater, condominiums, shopping and restaurants in the five-year-old Village at Riverstone lifestyle center. The expected opening is in June 2019.

The hotel will be the first Staybridge Suites in Idaho and is owned, developed and will be operated by franchisee Tharaldson Hospitality Management of Fargo, North Dakota. It’s Tharaldson’s first hotel in the Pacific Northwest. The company, established in 2011, has 40 hotels in 14 states in a southwest cluster (California, Nevada and Arizona), in the Rust Belt states and mid-Atlantic states. Tharaldson’s most recent hotel, a Hampton Inn, opened in Sparks, Nevada, in May.

Five more Tharaldson hotels are expected to open before the Coeur d’Alene hotel is completed, said Joe Blagg, development and finance manager at Tharaldson Hospitality.

“The Pacific Northwest is an area we’ve been looking at heavily for the last three to five years,” Blagg said.

Tharaldson is also in the permitting stage for a 100-room SpringHill Suites by Marriott at Spokane Airport, expected to start construction in three or four months. Tharaldson is also seeking to open hotels in the Seattle and Portland areas, he said.

“It started with us looking at Spokane,” Blagg said. “We might as well investigate Coeur d’Alene as well. We can see what other hotels are doing. They are all doing really well year-round. There’s enough room for us to come in with 96 rooms.”

Tharaldson has no immediate plans for a second Idaho hotel.

“I’ve looked a couple times in Boise before,” Blagg said. “I would not rule out something in Boise in the future.”

The architect is DesignCell Architecture of Las Vegas, which designs all the Tharaldson hotels. Local assistance is provided by Verdis, a Coeur d’Alene development company. The general contractor is Tharaldson Hospitality Development of Las Vegas.

The Staybridge Suites is among 40 hotels in Idaho opened since 2015 or now under construction or planned with a combined 3,657 rooms.

Staybridge Suites is one of InterContinental Hotels Group’s 14 brands that include Holiday Inn, Holiday Inn Express, Candlewood Suites, Crowne Plaza, Kimpton Hotels & Restaurants and InterContinental Hotels & Resorts. Staybridge Suites was launched in 1997 with apartment-style suites for extended stays.

Staybridge has 257 hotels with nearly 28,000 rooms open in 40 states, Europe and the Middle East.