{"id":106175,"date":"2022-01-16T13:39:11","date_gmt":"2022-01-16T21:39:11","guid":{"rendered":"https:\/\/theavtimes.com\/?p=106175"},"modified":"2022-01-16T13:39:11","modified_gmt":"2022-01-16T21:39:11","slug":"new-residence-inn-opens-in-lancaster","status":"publish","type":"post","link":"https:\/\/theavtimes.com\/2022\/01\/16\/new-residence-inn-opens-in-lancaster\/","title":{"rendered":"New Residence Inn opens in Lancaster"},"content":{"rendered":"<p><figure id=\"attachment_106176\" aria-describedby=\"caption-attachment-106176\" style=\"width: 960px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/theavtimes.com\/wp-content\/uploads\/2022\/01\/Residence-Inn-Lancaster.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-106176\" src=\"https:\/\/theavtimes.com\/wp-content\/uploads\/2022\/01\/Residence-Inn-Lancaster.jpg\" alt=\"\" width=\"960\" height=\"533\" srcset=\"https:\/\/theavtimes.com\/wp-content\/uploads\/2022\/01\/Residence-Inn-Lancaster.jpg 960w, https:\/\/theavtimes.com\/wp-content\/uploads\/2022\/01\/Residence-Inn-Lancaster-300x167.jpg 300w, https:\/\/theavtimes.com\/wp-content\/uploads\/2022\/01\/Residence-Inn-Lancaster-768x426.jpg 768w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><figcaption id=\"caption-attachment-106176\" class=\"wp-caption-text\">[Contributed]<\/figcaption><\/figure>LANCASTER &#8211; <strong>Midas Enterprises<\/strong> &#8212; a hotel development, investment, construction, and management company based in St. Louis, MO &#8212; recently opened a $25 million, 107-room Residence Inn in downtown Lancaster.<\/p>\n<p>Located at 857 West Lancaster Boulevard, the new four-story hotel features an outdoor pool, onsite gym, a barbecue and fire pit for its guests.<\/p>\n<p>\u201cThe hotel\u2019s public art pays homage to the area\u2019s rich aerospace history and is on the direct path of the city\u2019s Aerospace Walk of Honor, which recognizes the important contributions of distinguished test pilots who have contributed to aviation, space research and development,\u201d said Steve Eglash, co-Developer of the hotel.<\/p>\n<p>\u201cThis property offered a unique investment opportunity to both private individuals and institutional investors in terms of the area\u2019s potential growth possibilities,\u201d said Midas Co-Founder and Managing Partner J.T. Norville. \u201cWe worked side by side with InSite Development to create a beautiful property, and we are excited about bringing our Midas brand to the Los Angeles area for the very first time.\u201d<\/p>\n<p>The new Residence Inn hotel is the second opportunity zone investment by Midas, which co-developed the property with Los Angeles-based InSite Development. Midas raised $12 million for the opportunity zone fund that, under the Tax Cuts and Jobs Act (TCJA), provides tax incentives for specific investments.<\/p>\n<p>Founded in 2006, Midas\u2019 headquarters are located at 1804 Borman Circle Dr. in St. Louis, Mo. For more information, call 314-692-0100 or visit <a href=\"https:\/\/midashospitality.com\/.\" target=\"_blank\" rel=\"noopener\">https:\/\/midashospitality.com\/.<\/a><\/p>\n<h6><em>[Information via news release from Midas Enterprises.]<\/em><\/h6>\n<p>&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LANCASTER &#8211; Midas Enterprises &#8212; a hotel development, investment, construction, and management company based in St. Louis, MO &#8212; recently opened a $25 million, 107-room Residence Inn in downtown Lancaster. Located at 857 West Lancaster Boulevard, the new four-story hotel features an outdoor pool, onsite gym, a barbecue and fire pit for its guests. \u201cThe [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":106176,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[16,1499,10],"tags":[],"_links":{"self":[{"href":"https:\/\/theavtimes.com\/wp-json\/wp\/v2\/posts\/106175"}],"collection":[{"href":"https:\/\/theavtimes.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theavtimes.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theavtimes.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theavtimes.com\/wp-json\/wp\/v2\/comments?post=106175"}],"version-history":[{"count":1,"href":"https:\/\/theavtimes.com\/wp-json\/wp\/v2\/posts\/106175\/revisions"}],"predecessor-version":[{"id":106177,"href":"https:\/\/theavtimes.com\/wp-json\/wp\/v2\/posts\/106175\/revisions\/106177"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theavtimes.com\/wp-json\/wp\/v2\/media\/106176"}],"wp:attachment":[{"href":"https:\/\/theavtimes.com\/wp-json\/wp\/v2\/media?parent=106175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theavtimes.com\/wp-json\/wp\/v2\/categories?post=106175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theavtimes.com\/wp-json\/wp\/v2\/tags?post=106175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}