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HCW News
July 30th, 2013
HCW Announces Partnership with Main Gate, LLC for Hotel Development Project in Tucson, AZ

Project Description
The 14 story Tucson Residence Inn by Marriott Hotel will be located on the corner of 2nd Street and Tyndall Ave in Tucson, Arizona. The site is located in Main Gate Square, a pedestrian-friendly dining and shopping destination featuring over 20 retailers and 30 restaurants near the University of Arizona and Tucson's historic neighborhoods. http://www.maingatesquare.com/

The principals of Main Gate Hotel, LLC, Donald Semro and Thomas Warne, have been partners for 34 years.

The partners have constructed and developed commercial properties of approximately 3,600,000 square feet for their own account with their investors. The developed properties are comprised of retail projects, office buildings and industrial buildings.

Don and Tom have also purchased and/or divested, with their investors, approximately 4,500,000 square feet of commercial real estate over the years.

Don Semro and Tom Warne, in collaboration with Business Development Finance Corporation, have developed and project managed approximately 450,000 square feet for The University of Arizona.

The Main Gate Development, immediately adjacent to the University of Arizona, has been developed in conjunction with the Marshall Foundation, a philanthropic foundation, The University of Arizona, and in the partners’ own account. The Main Gate Square Development, upon the completion of the Tucson Hotel 1, LLC project, will total approximately 1,000,000 square feet, of commercial space. The Main Gate Square is comprised of hotels, office space and retail space. In addition to the commercial space, 3,850 parking spaces in two parking garages have been developed by the partners and BDFC, as part of The Main Gate Development.

HCW's partners look forward to this joint venture with Main Gate, LLC.

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