A COMMERCIAL REAL estate developer is building a TownePlace Suites by Marriott in Marion, Illinois.
Srini Gundala is the lead partner in the $6.5 million project that will bring 75 extended-stay rooms to the community in southern Illinois. Demand drivers are two major hospitals in Marion, Gundala told local news reporters.
The project broke ground in August, and Gundala expects the upper-midscale property to open in fall 2019.
Gundala is a high-profile developer in southern Illinois. In October he opened a Home2 Suites by Hilton in Carbondale, his hometown about 18 miles west of Marion.
Last year he opened a strip shopping center in Marion and he owns an assisted living facility in the city, which opened in 2015. He also owns an Indian restaurant and liquor store.