Value Place partners with Holladay Properties to build multiple Chicago hotels

Value Place signed a long-term development agreement with Holladay Properties to build multiple hotels in the Chicago area. 

The South Bend, Indiana-based Holladay Properties entered into a development agreement with Value Place Franchise Services to develop 15 hotels in the Chicagoland area within the next 60 months, with the potential to build additional properties. The first hotel is on track to break ground Spring 2015. 

Holladay’s Northwest Indiana office will lead the site selection and development effort and will also utilize its architectural services. 

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