AN OFFICIAL PRESS RELEASE
January 15, 2021

SpringHill Suites Salt Lake City – West Valley Opens for Business

The new 133-suite hotel brings an upscale hospitality option to the area, equipped with all the comforts and conveniences that modern travelers have come to expect in a post-COVID-19 environment.

WEST VALLEY CITY, Utah – The highly anticipated SpringHill Suites Salt Lake City – West Valley officially opened its doors for business, Friday. Located at 3662 S. 2400 W. adjacent to the popular Valley Fair Mall, the 133-suite hotel stands as a critical anchor of West Valley City’s ‘New Downtown’ district.

 

Developed by Provo-based PEG Companies [“PEG”] with all the comforts and conveniences that modern travelers have come to expect in a post-COVID-19 environment, SpringHill Suites Salt Lake City – West Valley features mobile check-in services, spacious in-room work areas, a 24-hour market with “grab-and-go” options, same-day cleaning and laundry services; plus, enhanced sanitization and social distancing protocols. Additional amenities include spa-like bathrooms, an upscale fitness center, a spacious conference room and business center, speedy WiFi, and complimentary breakfast options.

 

“As Utah’s second largest municipality, West Valley City has continued to distinguish itself as a growing epicenter of energy and excitement,” said Robert Schmidt, president of PEG’s development group. “When the local community approached us with interest in developing a new hotel, we appreciated that trust and welcomed the opportunity to invest in an upscale hospitality offering that will attract business and leisure travelers, alike.”

 

“Our well-appointed and spacious rooms along with our proximity to Valley Fair Mall, Maverick Center, and Salt Lake City International Airport will set a high bar of excellence for others to follow…” added Joe Madera, Regional Director of Operations for the new hotel’s hospitality management company In-Group Hospitality: A PEG Company. “We look forward to serving the needs of the growing community.”

 

Despite the majority of construction on the project taking place during the global COVID-19 pandemic, project leaders pushed the project forward while keeping workers safe.

 

“When you are prepared for a storm, you can sleep when the wind blows,” remarked Johnny Hollingshead,” Project Manager for Layton Construction, who led project construction alongside PEG. “We anticipated adversity and mapped multiple plans to success so that, regardless of whichever road we took, we could predict the outcome.”

 

SpringHill Suites Salt Lake City – West Valley represents one of the first of many future additions to the 40-acre area encompassing several blocks south of 3500 South and west of Constitution Boulevard, known as Fairbourne Station. The long-term development undertaking will become the only mixed-use development in Utah that has within its footprint a City Hall, public library, police department, and courthouse. The project will also include nearly 25,000 square feet of additional retail, several Class-A office buildings, a public plaza, green space, and on-site UTA hub, with many other surrounding projects including multifamily housing and this hotel.

 

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About PEG Companies:
PEG Companies [“PEG”] was founded in 2003 and is now one of the fastest-growing commercial real estate investment, development, and asset/property management firms in the West. With $1.5 billion AUM, PEG’s mission is to create opportunities through grit, ingenuity, and expertise—providing the premiere real estate investment experience. PEG owns and manages more than 5,200 hospitality keys across the U.S. and Canada with over 2,800 multifamily housing units, an additional 1,400 units under development, plus office, retail, and industrial space across the West. The firm sponsors multiple investment products on behalf of its investors and has produced net annualized returns of over 25% for the strategies it pursues. For more information about PEG, visit www.pegcompanies.com.
About SpringHill Suites:
SpringHill Suites by Marriott®, the largest all-suites brand in the upscale tier, offers guests the little extras to help them enjoy their time away. Offering a fresh take on mixing business and pleasure, the brand allows travelers to expect the unexpected and indulge in the little things that make their trip more exciting.
About In-Group Hospitality: A PEG Company:
In-Group Hospitality: A PEG Company [“IGH”] has always believed that enduring success begins with the experience delivered to the guest, fostered by the relationships built with top-quality associates and development partners. In the five-plus decades since the Pearson family founded what would eventually become In-Group Hospitality: A PEG Company, the group has grown into a leading hospitality group with a portfolio of more than 30 properties in 13 states and hundreds of associates. As an innovative and efficiency-integrated business, IGH counts its expertise in hotel management, investment, and development as the pillars to continued growth and equity holder satisfaction. Based in Provo, Utah and helmed by CEO Graydon Pearson, IGH manages over 3,000 keys under some of the most recognized hotel brands including those from Hilton Hotels Group, Marriott International, Hyatt Hotels, and IHG.
About Layton Construction:
Layton Construction, founded in 1953, is an employee owned and second-generation family operated construction firm with proven experience in virtually every industry, including healthcare, retail, hospitality, manufacturing, distribution, education, office, industrial, detention, tenant improvement and public facilities. We specialize in construction management, design-build construction and general contracting. Headquartered in Utah, Layton has regional offices in Arizona, California, Colorado, Florida, Hawaii, Idaho and Tennessee. As a part of the STO Building Group, we bring project experience throughout the United States, Canada and Europe. For more information, visit www.laytonconstruction.com.
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