Coldwell Banker Commercial’s Scalzo Group in Bethel said it has brokered the sale of 8.8 acres for a new Hotel Zero Degrees in Danbury to accompany two hotels under the same brand already running in Stamford and Norwalk.
Financial terms were not disclosed.
Hal Kurfehs, Scalzo Group vice president, made the announcement. The seller was Florida-based WCI Communities Rivington LLC and the buyer was Danbury-based Development Asset Group. RMS Cos., based in Stamford, will construct and own the project, Kurfehs said.
The parcel is on the city”™s west side ”“ across the street from the new Regional Hospice &Â Home Care facility on Milestone Road ”“ and was recently approved by Danbury for “an upscale boutique hotel,” with 111 rooms, a 100-seat restaurant and a 120-seat banquet facility, according to a statement from the Scalzo Group.
“The hotel would be the same concept as the Hotel Zero Degrees brand that RMS Cos. have successfully developed in both Stamford and Norwalk,” the statement said.
“The new hotel will provide Danbury with the luxurious facilities that top executives expect and will bring the city to the next level of hospitality,” Kurfehs said.
