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First Bristol Corporation receives 2006 Conversion of the year award by Hilton

3/20/2007

First Bristol Corporation, Fall River, MA recently announced the acquisition and completion of reconstruction of the former 6-story, Ramada Inn on Route 1 in Norwood creating a new 140-room Hampton Inn. This redevelopment included a total interior demolition and reconstruction of the existing structure. The development provided an entirely new exterior EIFS façade, new windows, roofing, canopy, parking lot re-paving, and landscaping improvements. The interior construction included a two-story atrium lobby created by demolishing a portion of the second floor. The project also provided new life safety features, including a new sprinkler system and fire and smoke detection system to assist guest and first responders in the event of an emergency. All new mechanical functions were also installed, including a state of the art HVAC system and new electrical service and wiring throughout. All new guest rooms and bathrooms, including 32 new suites, together with a completely new furniture, fixture and equipment package highlighted the improvements. First Bristol is also pleased to announce that this project was recently selected by Hampton Inns, a member of the Hilton Hotel family, as it’s “Best Hotel Conversion Project in 2006” across the United States. Upon completion of this $14.0 million dollar project, the Hampton Inn of Norwood has become the newest hotel on the busy Route 1 corridor servicing the southern suburban Boston office market, from Route 1 through Route 128.

First Bristol Corporation has also announced the construction start this past September of a new Marriott 97-Room Residence Inn in Middletown, Rhode Island, which will provide the first extended stay all suite product to the Greater Newport business and leisure market. Along with the great Marriott name, this extended stay product provides an all suite concept, with fully applianced kitchens, living rooms, and separate bedrooms for those guests looking for a more residential feel to their extended stay trips in the Newport area. The projected opening date of this hotel is August 2007 and the total development cost of this project will be $12.0 million dollars. This will be the fourth hotel created by First Bristol Corporation in the last four years stated James Karam, President and CEO of First Bristol Corporation.

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