First all-CLT hotel in the country celebrates grand opening

NASHVILLE, Tenn., March 29, 2016 /PRNewswire/ -- Lendlease, the nation's leader in public-private community development, is celebrating the grand opening of the new Candlewood Suites® on Redstone Arsenal, the first hotel in the country to be completely constructed using Cross Laminated Timber (CLT). The hotel's ribbon cutting event highlights the innovative partnership between the United States Army, Lendlease and IHG Army Hotels.

Made of several layers of pressed lumber board stacked in alternating directions, CLT offers builders maximized strength and durability with added sustainability and conservation benefits. CLT is FSC certified, and is projected to achieve a 31 percent energy savings when compared to typical hotel buildings of the same size for the same climate.

The 62,688 square foot structure includes 92 guest rooms, and utilized 1,200 CLT wall panels and 200,000 CLT fasteners. It took the 11-man Lendlease crew 10 working weeks to erect the building, which is a 40 percent reduction in crew size and man hours, and 37 percent faster than conventional framing materials and methods.

"Lendlease embraces innovation to create the best places and deliver sustainable outcomes," said Denis Hickey, CEO for Lendlease Americas. "The use of CLT and other integrated methodologies has made it possible to 'do more with less' by constructing projects faster, with less labor and safer than conventional materials and methods. Lendlease has pioneered the use of this material in Australia and the UK, and we're excited to expand our CLT portfolio into the Americas region."

Part of the Privatization of Army Lodging (PAL) Program, Lendlease is the owner, developer, design-builder and asset manager for the Candlewood Suites on Redstone Arsenal, and the exclusive developer for the Department of Defense's only lodging privatization program. IHG (InterContinental Hotels Group) is the hotel operator. Lendlease has delivered 14 Holiday Inn Express® and eight Candlewood Suites hotels throughout the United States, including the 310-room Candlewood Suites on Joint Base San Antonio, the largest in the world. 

For additional information, contact:
Meryl Exley
Director of Marketing, Lendlease
T 615 324 8839 M 615 481 0497
meryl.exley@lendlease.com

About Lendlease

Lendlease is a leading international property and infrastructure group. Listed on the Australian Securities Exchange and with circa 12,400 (June 2015) employees worldwide, Lendlease's capabilities span the property value chain.

In the US, Lendlease's Communities business is the nation's leader in public-private community development. With a focus on creating sustainable value, Lendlease creates communities that regenerate our environment, enrich people's lives and foster economic growth. Lendlease has worked extensively with the Department of Defense through the Military Housing Privatization Initiative (MHPI), a program that provides for the transfer of military housing assets to private sector companies. With over 40,000 residential units, 192 apartments and more than 12,492 hotel rooms in its portfolio, Lendlease will finance, develop, build, renovate and operate these sites for at least 50 years. 

We create innovative and sustainable property solutions, forging partnerships and delivering maximum benefits to clients, investors and communities. Safety is our number one priority and Lendlease is committed to operating Incident & Injury Free wherever we have a presence.

www.lendlease.com

SOURCE Lendlease