Renovation, Remodeling & Repositioning
Greg Meinhold, designated broker, is a licensed general contractor and hospitality renovation expert, in in Arizona, California. Colorado, and Washington. with an extensive background in construction. Greg Meinhold is a hands on Contractor in order to provide day to day supervision to shorten construction period and costs.
His leadership and focus enable us to renovate all hospitality properties in a timely and cost effective manner.
We use a team oriented approach for everything including property selection, property entitlements, architectural design and building permit approvals, feasibility studies, appraisals, franchise selection and both construction and permanent financing approval. We prevent costly errors and reduce the interest carry during and renovation period. This method saves time, money and the headaches commonly associated to hospitality renovation. The result is a viable hospitality property, serving viable markets, by delivering a ready-to-operate property to the owner.
In an environment of saturation, evolving market demands, and aging property hospitality property owners must combat dwindling or disappearing profit margins.
Although repositioning can save a hospitality property, the industry is rife with uninspired renovation projects masquerading as repositioning projects. Sometime arbitrary upward or downward reagging is done. The outcome is often inconsequential, or worse yet, a catalyst to a hospitality properties deteriorating position.
Repositioning a property is analogous to any commercial product or service. To skip steps like market research, cost analysis, branding or customer service is a short-cut to failure.
At Swoboda Hospitality Specialists, we take the role of point man, utilizing our depth of experience to lead repositioning projects through the development of a comprehensive plan. Our 3rd party perspective and access to industry specialists and consultants put us in the optimal position to conduct a comprehensive repositioning of hospitality properties. This ensures properties
See examples below.
The Suites at Friday Harbor $1,200,000.00 renovation on a 64 unit hotel adding new restaurant, complete renovation and reconfiguring of rooms and common areas. Approximately 75,000 square feet. A 5 month project from conception to completion, done within our turn key brokerage development operations.
Best Western Mountain Oaks Lodge Branson, Missouri- 154 room full service hotel added pool, enclosure, exercise facility, converted rooms into time share wing. Complete renovation of all common areas, and guest rooms, development of new cocktail lounge in former storage/conference areas. 18 month project (done while still operating) at a cost of $2,500,000.00.
Shawn O Donnell’s Restaurant Everett Washington. served as Owners Rep and Project Manager of a 10,500 square foot mixed use building 7,500 square feet of Food service. Was involved 100% percent in the development since day one when property put under contract and worked with design etc, .$2,500,000.00 in development.
Comfort Suites Mission Valley California 200 plus hotel new construction was responsible for running carpenter trades and subs that provided interior finish and FF&E. Over all scope of work was $250,000.00/ 4 month project.
Pueblo Inn and Conference Center Renovation and subdivision of a 221 unit hotel hotel conference center into 2 separate properties. Renovation as required to convert to a Clarion and a Howard Johnson. Exterior façade, grounds updating and renovation. Interior modernization and redecorating. Total project cost $2,500,000.00 in improvements.
Total of 47 Restaurant Projects while a partner in G.T. & L. Construction. Ranging in value from $400,000 to $1,200,000 in costs to owner. Size was from 1,200 square feet to 7,500 square feet. Most projects were commercial tenant improvements, combined with re design and altering. Shells of building including adding additional square footage. Two projects were actual ground up.
Shawn O Donnell’s Restaurant Anacortes. Washington. Served as Owner’s agent on purchase and Project Manager of a 10,000 square feet of Food service. Was involved 100% percent in the renovation, design since day one. $2,500,000.00 in renovation.
Contractors Licenses as follows
Arizona KB1 Dual #ROC214964
California General Building #517369
Colorado Pueblo AOO Unlimited #11263
Washington State #CCSHSC*866BS
To learn more about hospitality renovations or remodeling and repositioning projects contact Greg Meinhold:gregmeinhold@gmail.com
