ST. PETER — A Best Western Plus hotel is planned for the lot just north of the Holiday gas station on Highway 169 on the northern side of St. Peter.
The hotel, marketed as Best Western's upper mid-level places to stay, is set to start construction this year and finish in early 2019, according to Rod Lindquist, director of development for Makenda of St. Cloud.
The hotel is to be three stories with 60 rooms, a meeting room and a pool.
However, the hotel's developer has yet to submit plans to the city and obtain permits, which means groundbreaking could still be a few weeks out, said Barbara Luker, executive secretary to the St. Peter city administrator.
A market feasibility study conducted last year found St. Peter could support another 60 hotel rooms. The study was completed by Patek Hospitality Consultants Inc. of Sussex, Wisconsin, and presented to the City Council in October.
The study looked at possible sites and found that a lot near Hallett's Pond, a 4.4-acre site on Dodd Avenue just west of Highway 169, the location that has been targeted for the Best Western, or a lot at Broadway Avenue and Sunrise Drive near the new high school would work. The study also said that the hotel could face lower occupancy for its first few years open but would grow.
Lindquist, the hotel developer, met with the St. Peter Planning and Zoning Commission on Feb. 1 to discuss the project.
At the Planning and Zoning Commission meeting last month, the commission discussed a need for a drainage pond on that end of town and also talked with Lindquist to ensure the property would have proper water removal as well, according to the meeting's minutes.