Property Management
Property Development

Value Place extended stay hotel breaks ground on 124 room property in Williston

September 14, 2011

WILLISTON, N.D. - (September 14, 2011) --Ground breaking took place at 11:00 am today for a 124 room Value Place extended stay hotel located at Granite Peak's newly developed 720 acre Bakken Industrial Park on Highway 2 & 85 located three miles north of Williston. The hotel is immediately north of the new Sun Well Service building presently under construction.

“We have found that Williston is an exceptional place to do business. The ‘can do, let’s get it done’ attitude and the cooperation we have experienced from the City and County has truly been refreshing,” says Arthur Cahoon, Chairman and CEO of Nakota Development of Jacksonville, FL.

The Value Place in the Bakken Industrial Park will open in late spring of 2012 and will be comprised of 124 all suites efficiency units each featuring its own kitchenette. Pre-opening lease commitments are currently being accepted. Suites will be available for a minimum of one week at a time.

“Nakota Development is excited to be an integral part of meeting Williston’s need for permanent, sustainable, high quality housing and lodging,” says Don Nickell, President and COO of Nakota Development of Greenville, SC.

Value Place, a national franchise with over 175 hotels across the country, focuses on providing extended stay travelers with a clean and safe home-away-from-home at a great value.

Additional partners in Nakota Development include Rich Fairservis, of Casper, WY - Principal in Granite Peak Development, and Dan Guerttman, Casper, WY. – Director of Finance, Granite Peak Development.

“The Bakken Industrial Park is situated at the intersection of the proposed truck reliever route and US Highways 2& 85, so the truck plaza, truck parking, extended stay hotel are all intended to add to the tenant mix in the industrial park to facilitate future industrial growth for Williston and the Bakken,” says Rich Fairservis. “Nakota and Granite Peak plan to develop additional Value Place properties and several thousand apartments in Williston and the surrounding Bakken area.”

Williston city officials and Value Place developers break ground on the new Value Place extended stay hotel, located in the Bakken Industrial Park, on Tuesday morning. Pictured are, from left, Doug Walker with Property Management and then Chairman and CEO of Nakota Development Arthur Cahoon (4th from the left), President and COO of Nakota Development Donald Nickell, Williston Economic Development Director Tom Rolfstad, Erin Zunich with Mountrail Williams Electric Coop, Terry Metzler with Granite Peak Development, Rick Leuthold with Sanderson-Stewart Engineering and David Johnson of Advanced Engineering. Lynne Napton | Williston Herald