Insignia plans Residence Inn at former theater site in Greeley 

GREELEY — Insignia Hospitality Group of Midland, Texas has submitted plans with the city of Greeley’s planning department to build a four-story, 110-room Residence Inn by Marriott at the former site of a Carmike Theater in Greeley.

The group, through Greeley RI Development LP, purchased the 4.3-acre site at 2495 W. 28th St. off U.S. Highway 34 from Carmike Cinemas Inc. for $1.1 million in January 2015 and subsequently demolished the theater.

Rachel Overman, Insignia’s vice president of business development, said the hotel is scheduled to open during the first quarter of 2017.

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“Right now, we are going back and forth with the city on design drawings,” she said.

The extended-stay hotel will have four levels of guest rooms, a pool house, a gate house containing a meeting room with a bar, patio lounge and other amenities.

Each guestroom will have bedroom(s), bathroom(s), a living space and a limited space for cooking.

Insignia owns and operates 19 hotels in Texas and New Mexico, with this Residence Inn being its first in Colorado. The company has two hotels under construction in Texas that are expected to open this year.