Community leaders and investors celebrate boost to local economy with area's first new hotel development in 20 years
Local government, business and community leaders gathered Monday, June 10, to celebrate the grand opening of the Hampton Inn and Suites Buena Park. As the area's first new hotel development in more than 20 years, the property is poised to make a significant impact in the community's growing hospitality and tourism industries.
The event, a "Taste of Buena Park," kicked off with a ceremonial ribbon cutting as the new property hosted representatives from the mayor's office, city leadership, regional chambers of commerce, community businesses and organizations and key investor American Lending Center (ALC) to showcase the hotel and feature local entertainment and dining establishments.
The 102-room Hampton Inn and Suites received EB-5 investments from ALC, one of the nation's leading EB-5 regional centers, bringing critical international investment into the area and supporting numerous new jobs. The "Taste of Buena Park" event highlighted this property as well as the increasing revitalization of Buena Park and the many hospitality partners in the surrounding area.
“We are thrilled to celebrate with our partners and investors as we lead the way in this new era of hotel development in Buena Park,” remarked the hotel's General Manger, Mike Thomas. “We at the Hampton Inn and Suites are confident that we can quickly bring value to the community and add economic vitality to our region.”
“Cities flourish when strategically invested in, and the Hampton Inn & Suites will provide a boon to local businesses, tourists and residents,” commented Theresa Harvey, president and CEO of the North Orange County Chamber of Commerce. “We appreciate the investment Hampton and ALC have made to strengthen our community and look forward to a successful partnership for years to come.”
Adalberto Quijada, acting deputy associate administrator for the Small Business Association (SBA) Office of Field Operations and district director for Orange County/Inland Empire added “we congratulate the kick-off of the Buena Park Hampton Inn & Suites project, supported by the SBA’s 504 Loan program. This is an affirmation that we are providing the right kind of access to capital and building solid lender relationships to ensure local entrepreneurs can start new businesses, create jobs and contribute to the health of the local economy.”