The announcement of the proposed motel, Hometown Guest House, was made at city hall last week by members of the motel's board.
Darcie Reuter and Carl Nelson co-chair the board. The board is composed of area residents who plan on keeping the whole project at a local level. The motel will not be a part of any franchise in order to save on costs. Those also serving on the motel board are: Chuck Schmillen of Marcus, Becky Nothem of Remsen, Brenda Werthman of Marcus, Eric Wester of Cleghorn, John Schneider of Marcus and Chad Thompson of Kingsley.
The board has been working on the idea for some time researching the best way to proceed. They have held regular meetings since March.
Plans call for 16 units which will vary in size with king size, doubles, suites as well as handicap rooms. They will have a manager residing on site.
The group noted that this location can be successful as it is halfway between two county seats; it will be mutually beneficial for the motel and truck stop to be close to one another, the location is easily accessible, the area needs a motel to house people who come to the area for family and class reunions, weddings and funerals without having to build a guest room onto one's home, with the ethanol and biodiesel plants, there will be more folks traveling to Marcus on business as well as other salesmen who need overnight lodging and also for anyone who wants to visit someone in the Heartland Care Center.
Reuter pointed out research shows that with a 60 percent occupancy rate, the investment will pay off.
There will be two meetings held for potential investors to learn the facts first-hand. One will be in Marcus on Aug.1 at the Marcus Community Center and one on Aug. 2, both at 7 p.m., at the Cleghorn Community Center. The board hopes to raise 40 percent through share holders with shares selling for $500 each with a minimum of two shares. The project will cost around $880,000. The balance will be taken care of through the three local banks along with Small Business Administration financing. Dirt work will begin in 30 days with all of the work done by area contractors. Bid letting will occur in that period of time.