The new owner of Amarillo’s Ambassador Hotel is pumping more than $5 million into property upgrades, with plans to rebrand the hotel as a Wyndham Garden Hotel, an executive said Monday.
“We are completely retrofitting every single room: new furniture, case goods, amenities,” said Suneet Singal, chief financial officer of First Capital Real Estate Investment.
Many entrepreneurs and mid-career professionals often feel that to accelerate their business growth they must relocate their company to large metropolitan areas. Unfortunately, relcoating a business often means relocating your family and sacrificing quality of life and a low cost of living for corporate success.
In a joint release today, the Midland International Airport, Midland Development Corporation, XCOR Aerospace and Orbital Outfitters announced the Federal Aviation Administration (FAA) approval of a Commercial Space Launch Site License (Spaceport) for the Midland International Airport (MAF).
About 150 companies have taken the initial step in the Amarillo EnterPrize Challenge, a competition in its 20th year of matching entrepreneurs with capital infusions.
The competition sponsored by the West Texas A&M University Enterprise Center offers a jackpot of $500,000, funded by the Amarillo Economic Development Corp., to be split among winners.
What will start with a transformed Commerce Building could blossom into a four-block West Texas A&M University campus in downtown Amarillo.
“The vision is we wouldn’t stop with one building,” WT President J. Patrick O’Brien said while showing concept drawings to members of the Amarillo Economic Development Corp. Board of Directors on Wednesday. “Don’t get fixated on exactly where things are now.”