News

October 3, 2011

Peak Construction Corporation to Build Hilton Homewood Inn Suites in Coralville, IA

Peak Construction Corporation will break ground as general contractor on a new Hilton Homewood Inn Suites at the Iowa River Landing district. The hotel, southeast of the Interstate 80-First Avenue interchange, is owned by Lincoln McIlravy of Cantilever Hotels, LLC.  Construction is set to begin Monday, October 10th.

The six-story hotel, with a structural steel frame with precast hollow core plank floors, masonry veneer/metal panel exterior cladding, on caissons, will feature 95 extended stay guestrooms, 9,000 square feet of first floor retail, and an indoor swimming pool and spa. The 91,976 square foot hotel is set to open in Summer 2012.

Cities Edge Architects, Inc. based in Willmar, MN, designed the structure and Ramaker & Associates, Inc. performed the site engineering.

This represents the seventh significant hotel development for Peak Construction Corporation. “Hospitality remains a very strong segment of the current real estate market,” Peak Executive Vice President John Reilly said. “We are excited to be part of this project and part of the city’s plans to redevelop the Iowa River Landing district.”

The Homewood Inn Suites is located with high visibility off of I-80 with medical, up-scale retail, entertainment venues, and restaurants within walking distance.

Peak Construction Corporation offers full-service design/build and build-to-suit construction services to the hospitality, retail, office, healthcare, food and beverage, manufacturing and distribution markets.  The firm is headquartered in Des Plaines, Illinois and serves clients on a national level.